Every year, investors pour billions of dollars into private equity limited partnerships, yet details about the organization and administration of these funds are tough to find. Private Equity Funds: Business Structure and Operations is the first practical guide that gives attorneys, investment professionals, tax practitioners and corporate lawyers the tools and authoritative guidance they need to handle any aspect of a private investment fund. It covers a wide range of important issues, such as: the key economic differences between various types of funds; structuring the private equity fund to meet economic expectations and investment goals; securing maximum tax benefits for the sponsor of the fund; duties of the fund's General Partner and Investment Advisor; the major regulatory issues affecting the private equity fund; and much more. No matter which aspect of private equity funds you deal with, this is a reference book you will want close at hand.