))
Episode 34: Management Company Operating Agreements
Manage episode 411590240 series 3415341
Content provided by Dave Rothschild. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dave Rothschild or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
One of the underappreciated tasks a new fund manager needs to complete is its management company operating agreement. This is the agreement among the principals of the management company that controls how the entity is governed, how economics are split among the principals, etc.
Key Points From This Episode:
- Why is it important to paper these agreements?
- Why they sometimes get put on the back burner.
- Brief discussion of the four primary areas to consider:
- Economics;
- Corporate governance;
- Exit provisions; and
- Restrictive covenants.
Disclaimer:
This show is for informational purposes only. Nothing presented here constitutes legal advice. Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headquartered in San Francisco, California. For more information, visit https://colefrieman.com/
Links Mentioned in Today’s Episode:
Dave Rothschild - https://www.linkedin.com/in/davidcrothschild/
Cole-Frieman & Mallon LLP - https://colefrieman.com/
Music by Joe Ginsberg - https://www.instagram.com/thejoeginsberg
For any questions or comments, email: tow@colefrieman.com
43 episodes
Share
