A Close Look At Pledge Funds

Law360, New York (May 20, 2014, 1:38 PM EDT) -- Given the number of funds seeking capital in today's private equity market, emerging managers often run into difficulty finding investors willing to fully commit their capital for 10 to 12 years in a traditional blind-pool private equity fund structure. As a result, our clients have increasingly asked us about alternatives to the traditional private equity fund model....

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