Following the Money - Investment Frameworks and Expansion slide image

Following the Money - Investment Frameworks and Expansion

Building the Franchise The Management Company - Permanent entity • Office lease - • Employees and benefits • Trademarks (i.e., fund names) • Insulates liability from any one fund Consolidation • Can pool all excess management fees • May have fewer managers with more power • Controls formation of successor fund Morgan Lewis Step 4: A Management Company 14
View entire presentation