This memorandum from Goodwin Procter LLP provides an overview of legal restrictions applicable to private equity, real estate, venture capital, and other private funds offering securities in the U.S. It covers regulation of private placements, limitations on success-based compensation, and restrictions on gifts and political contributions. The document also discusses the implications of engaging in general solicitations, compliance with state and federal securities laws, and the importance of avoiding 'bad actors' in private placements.
documents/EFTA00587845.pdf
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