Investment funds

Our Investment Funds practice provides full legal support for the formation, structuring, and functioning of investment funds, both onshore and offshore. We collaborate with managers, administrators, investors, and other market players, with special attention to regulatory compliance with the Brazilian Securities and Exchange Commission (“CVM”), as well as corporate and contractual aspects related to the formation and functioning of funds.

Our Services

1. Structuring and Formation of Onshore Funds

   • Advice for investors and managers in the structuring of investment funds, focusing on private equity funds (FIPs), receivables investment funds (FIDCs), agribusiness chain investment funds (FIAGROs), and other financial investment funds (FIFs);

   • Drafting and negotiating of fund bylaws, administration contracts, management agreements, and investment agreements;

   • Coordinating public offerings of investment fund quotas in Brazil.
     
     

2. Structuring and Formation of Offshore Funds

   • Advice in the creation of investment vehicles abroad (LLCs and Limited Partnerships in Delaware, Cayman Islands, Canada, etc.);

   • Drafting and negotiating Summary of Terms, Operating Agreements, Limited Partnership Agreements, Private Placement Memoranda, management and advisory contracts, and side letters;

   • Creation of ancillary entities to the structure, such as General Partners, Management Companies, Parallel Funds, Feeder Funds, etc.;

   • Coordination of local service providers for the formation, registration, and tax elections.
     
     

3. Regulatory Consultancy for Investment Funds

   • Drafting analyses, memoranda, and legal opinions on applicable regulations for Brazilian investment funds;

   • Analysis of regulatory limitations and drafting memoranda and legal opinions on the classification of investment funds as investment entities for regulatory purposes;

   • Strategic guidance on regulatory, tax, governance, and compliance matters.
     
     

4. Investments and Structured Transactions Involving Investment Funds

   • Support for investment funds in fundraising transactions, including structured investments and divestments, both in Brazil and abroad;

   • Advice to Corporate Venture Capital (CVC) funds in their structuring and in investments made through onshore and offshore vehicles.