Courses

    This course will provide an in-depth look at the structure of, and law applicable to, pooled investment vehicles designed to operate outside of the scope of the U.S. Federal securities laws. Among the investment vehicles to be studied are hedge funds, private equity funds, venture capital funds and private funds. The course will begin with an examination of the exclusions and exceptions under the U.S. Federal securities laws on which investment vehicles seek to rely in operating beyond the reach of those laws. The course will then turn to a consideration of the ever-increasing regulations from which pooled vehicle in the United States cannot escape. The final segment of the course will center on business, tax and marketing considerations faced when organizing and operating non-U.S. regulated pooled investment vehicles. The last segment will include at least one class devoted to principles to be followed in the drafting of the documents underlying those pools. [Formerly titled "Non-U.S. Regulated Investment Vehicles"]