Deep Investment Cycle Experience. From Start to Finish.
RPCK has extensive experience representing venture capital funds, venture capital investors and the VC-backed companies in which they invest.
Our investment fund, family office and high net worth clients regularly invest in early and later-stage companies as well as lead or participate in convertible instruments, series preferred, debt and hybrid financing rounds of these companies.
We are involved in all aspects of these transactions, reviewing and negotiating financing documents from the term sheet stage through to the closing with a focus on key due diligence issues, control rights, liquidity events and other investment terms of key importance to investors.
After closing, we continue to work closely with and advise our investor clients on follow-on investments, restructurings, bridge loans, fiduciary duties relating to board representation, structuring and negotiating liquidity events and exits as well as any other issues that commonly arise with respect to the companies in which they invest.
We help our emerging and growth-stage company clients’ structure and conduct capital raising transactions involving a diverse assortment of securities and financing structures, including S.A.F.E.s, convertible notes, convertible preferred stock, secured and unsecured loans and royalty investments.
Our experience includes the following:
- Forming venture capital, debt and private equity funds
- Advising investors in leveraged buyouts, capital raises, minority investments, restructurings and fund formations
- Advising growth companies in all phases of the investment life cycle, including pre-seed and seed funding structures, Series A-D, bridge financings, acquisitions and liquidity events
- Guiding private equity-sponsored portfolio companies in their everyday legal needs
- Advising senior management in connection with private equity transactions, equity investments, incentive equity, compensation and other employment matters
- Assisting sponsors and portfolio companies with restructurings and other workouts
The RPCK team has deep experience working with both the sponsors of private investment funds and the investors who invest in them, insightfully approaching issues and tailor solutions that deliver positive outcomes for each.
Fund Manager Representation.
We represent our fund clients throughout the lifecycle of a private investment fund, advising them on all aspects of the structuring, documentation, negotiation, closing and management of domestic and international funds.
RPCK regularly assists its family office, high-net-worth individual and fund-of-funds clients to navigate the complexities of fund investing by reviewing complex fund agreements, analyzing and negotiating fund terms, negotiating seed and anchor investment arrangements and negotiating side letters to address key issues.
Innovation and Alternative Fund Structures.
We leverage the most innovative tools and concepts as we structure funds, such as blended finance, PRIs from philanthropic tax-exempt investors, the Opportunity Zone program as well as credit support and investment capital from development finance institutions like USAID and OPIC.
RPCK Private Investment Funds Practice
RPCK has evaluated and negotiated over 60% of the impact investment funds that have come to market. Our core Impact Investing competency and attunement to mission uniquely qualify us to understand and work with these funds and investors and to help align the often-conflicting dual objectives of delivering financial performance alongside measurable social and environmental impact. We use non-traditional fund structures, such as holding companies with unlimited life, to help sponsors provide the longer-term patient capital that is often best suited to solving some of the more critical and persistent issues facing the world and targeted by the impact community.