COVID-19: Considerations for Private Investment Fund Sponsors
The rapid spread of the coronavirus disease 2019 (“COVID-19”) across the globe has presented private investment fund sponsors with a variety of challenges, as well as potential opportunities. We have been working proactively with our private fund clients to consider the steps required to meet the direct and collateral consequences of these circumstances. Detailed within the following memorandum are some considerations that we believe all private fund sponsors should consider in today’s tumultuous environment.