1. INTRODUCTION
This publication is a guide for managers of private equity funds. Although the term "private equity" is broad and may include buyout, hedge, and other types of funds, this publication has a focus on funds that finance privately-held projects and start-up ventures. Project funds are common in the energy, entertainment, agribusiness, and real estate sectors, among others. Venture funds are common in the energy, information technology, and life science sectors, among others.
This publication merely provides general information, not professional advice of any kind. For information and advice specific to your business, contact an attorney, accountant, or other professional advisor.