Simpson Thacher in the News
Go Back
Barrie Covit Quoted in Law360 on Private Equity Real Estate Funds
08.10.16
This is only gets display when printing
Corporate Partner Barrie Covit was quoted in a Law360 article titled, “How To Make Your PE Client's Real Estate Fund Stand Out,” which discussed how private equity real estate fund managers can take advantage of the current fundraising environment. Barrie commented that attorneys can give clients a better chance of success by helping them set terms that are realistic and suggested putting together a list of as many as 15 funds that have recently raised capital in a similar range and for a similar asset class as desired by your client, along with some information on each fund including what made them successful and why. “You have to give clients a deep understanding of the dynamics that surrounded each,” Barrie said. “People will want to just go to the most favorable set of terms and say ‘these look great’ without appreciating the distinctions that would apply.”
To read the full article, please click here (subscription required).