Get ready for the next Sting! Those incredible con men are at it again and setting their next scheme in motion. The Depression is over and everybody wants an even bigger piece of the action. It’s twist after twist as Gondorff (Jackie Gleason), Hooker (Mac Davis) and Countess Veronica (Teri Garr) try to out sting both Doyle Lonnegan (Oliver Reed), the notorious gangster previously stung by this group and now out for revenge and profit, and Macalinski (Karl Malden), a local racketeer. It’s the con to outdo all cons, and someone’s finally going to get stung… but who?
Securing early stage funding is critical for new hedge fund managers. They face intense competition for investor attention (and dollars) in an increasingly competitive marketplace. Seeding deals vary greatly in terms of economics and control rights, so much so that generalizing “market terms” can be difficult in many instances.
In this webinar, Dechert partners examined the commercial, contractual and tax-related issues that arise in negotiating and documenting seed deals with cornerstone investors.