Venture Capital Attorneys Columbus Ohio
From angels to general partners and limited partners, our Columbus venture capital lawyer advises investors of all sizes on investing in startups and emerging companies.
Our Columbus attorneys help advise investors form venture capital firms and funds. This includes working with VC firms and their investment strategies to focus on key factors such as target life cycle stage, industry, geographic area, and target fund size and maturity.
We also advise on structuring funds. We work closely with general partners and limited partners to draft and negotiate fund operating agreements, limited partner agreements, and ancillary investment documents. This includes working through key issues such as general manager duties, requirements for limited partner approval, removal of the managing partner, carry, key person, waterfall provisions, clawback provisions, and management fees.
Among the key ancillary investment documents, we work with general partners and limited partners to advise on the structuring of and legal issues with side letters. Side letters can present an avenue for attracting desirable limited partners, but can also present general partners with fiduciary issues and conflicting obligations. We assist both GPs and LPs in negotiating waiver or reduction of management fees, preferred contribution withdrawal rights, and preferred information and reporting rights.
