Working with the Energy and Commerce and the Agriculture Committees, the U.S. House of Representatives’ Ways and Means Committee advanced its portion of the “One, Big, Beautiful Bill Act”...
As housing shortages increase, real estate developers are undertaking projects to meet the demand in many parts of the country. Explore this practice note discussing special protections and benefits for...
In today’s M&A landscape, earn-out arrangements offer a way to link a portion of the deal’s value to future performance, benefiting both buyers and sellers. However, without clearly defined...
This practice note addresses government guidance on pharmaceutical pricing, pricing in monopolistic markets, pricing in oligopolistic markets, and liability risks. Read now » Related Content...
Do you need to understand state anti-discrimination provisions and protected classes applicable to public and private employment? Review our recently published Employment Discrimination Protected Classes...
* The views expressed in externally authored materials linked or published on this site do not necessarily reflect the views of LexisNexis Legal & Professional.
Sponsors organize and operate private equity funds to generate profits for themselves and their investors. The two primary ways in which fund sponsors are compensated for their efforts are through a management fee and a carried interest, or performance, fee. This second type of compensation, carried interest, is made possible through a technical and heavily negotiated provision in a fund’s limited partnership or operating agreement: the distribution waterfall. This practice note provides a general overview of what distribution waterfalls are in the context of private equity funds; identifies basic types of distribution waterfalls, their general operation, and mechanics by way of example; and suggests related topics for consideration when drafting, reviewing, and negotiating distribution waterfall provisions.
Read now »
Related Content
Practical Guidance Updates Featuring the latest updates from your Practical Guidance account.
Experience results today with practical guidance, legal research, and data-driven insights—all in one place.Experience Lexis+