Program Details
2026-11-06 14:30:00
Over 1,000+ webinars
Course Overview
2026-11-06 14:30:00
2h CLE Credits
Intermediate
2
2:30 pm - 3:30 pm ESTThis session covers entity choice among a standalone LLC, an LP, or a series LLC, and SPV-specific governing document terms, including management rights and rights to follow-on rounds. It then turns to economic terms: single-deal carry, fees, and expense allocation, conflicts when the SPV invests alongside the sponsor’s main fund, and the effect of the 2025 QSBS amendments on the choice between an SPV and direct investment.
Alexander J. Davie 3:40 pm - 4:40 pm ESTThis session covers the Rule 506(b) and 506(c) choice after the SEC staff’s March 12, 2025 no-action letter, including when its $200,000 and $1,000,000 minimums make it workable; broker-dealer risk for syndicate leads, platforms, and introducers, state finder exemptions, and the SEC’s pending finder proposal; exemptions under the Investment Company Act such as Section 3(c)(1) and Section 3(c)(7), and qualifying venture capital fund exemptions; federal and state adviser registration and exempt reporting adviser status for sponsors running multiple SPVs; and ERISA plan-asset limits for single-asset vehicles.
Alexander J. Davie is a Co-Founder and Member of Riggs Davie PLC in Brentwood, Tennessee, where his practice centers on private funds, startup and venture capital, corporate and securities, and mergers and acquisitions. He represents managers of private investment funds, including private equity, venture capital, and hedge funds, and structures the vehicles those managers use to invest: private investment partnerships, co-investment vehicles, and the management compensation arrangements that sit behind them. He also advises investment advisers on regulatory compliance and works with technology companies, from startups to emerging growth companies, on formation, capital raising, and commercial agreements.
Alexander J. Davie is a Co-Founder and Member of Riggs Davie PLC in Brentwood, Tennessee, where his practice centers on private funds, startup and venture capital, corporate and securities, and mergers and acquisitions. He represents managers of private investment funds, including private equity, venture capital, and hedge funds, and structures the vehicles those managers use to invest: private investment partnerships, co-investment vehicles, and the management compensation arrangements that sit behind them. He also advises investment advisers on regulatory compliance and works with technology companies, from startups to emerging growth companies, on formation, capital raising, and commercial agreements.
Requirements
The Alabama State Bar MCLE Commission requires attorneys to complete 12 credits, including 1 ethics, by December 31 of each year. All credits must be reported by February 15 of the following year. A maximum of 12 credits, including 1 ethics credit, may be carried over for 1 year only.
Formats
