Real Estate Private Equity GP Investment Funds: Capital Contributions, Distributions, Sharing of Promote and Fee Income

Mr. Marrs is a partner in Willkie’s Chicago office, where he is a member of the Asset Management Department and Private Funds practice. He has over 25 years of fund formation experience and is a recognized leader in the market, with a particular focus on private funds investing in the real estate, infrastructure and energy sectors. His practice is focused on the structuring and formation of private funds, management companies, carried interest arrangements and joint ventures. Mr. Marrs represents a variety of US and international private fund sponsors, investors and other stakeholders across numerous industries.

Mr. Proctor is a partner in the Asset Management Group. He advises private fund managers on structuring, establishing, and operating private investment funds, including blind pools, co-investment funds, pledge funds, single investment funds, and other investment vehicles. Mr. Proctor also represents fund managers on their internal structuring and compensation matters and frequently advises clients in connection with co-investments and seed investments in asset managers, as well as buyers and sellers in secondary market transactions involving private fund interests and portfolios of assets held by private funds. His practice extends beyond fund managers to include institutional investors and family offices in connection with their investments in various private equity vehicles.

Ms. Colen practices in the firm’s Asset Management Group. She assists sponsors and investors of private investment funds and managed accounts with formation, offering, investment, and regulatory matters, with a particular focus on the representation of bank-affiliated sponsors and distributors of private equity, credit, infrastructure, real assets, and secondaries funds. Ms. Colen also works with sponsors in connection with management company restructurings, GP-stake sale transactions, establishment of asset management platforms, joint ventures, and GP-led secondary transactions.