In this episode, demonstrating solutions in fund formation and negotiation, Akin Gump investment management lawyers Jim Deeken and Gechi Tesic perform a mock negotiation between a private equity firm and a pension fund considering an investment in a successor fund.

Among the topics covered:

• management fees and zombie funds
• side letters
• distribution waterfalls and clawbacks
• in-kind distributions.

For more information on Akin Gump’s funds work, please visit the investment management page on akingump.com.