Timothy Spangler is a Partner in the Financial Services Group at Dechert LLP, a leading international law firm. He regularly advises sponsors on the formation, structuring and negotiation of a wide variety of private investment funds.He is admitted to practice in New York and California, and is also a practicing English solicitor. He earned his PhD in Law at the London School of Economics. Timothy has worked on a wide range of funds, including hedge funds, private equity funds, venture capital funds and funds of funds. His clients have included a full range of parties associated with private funds - promoters, managers, advisers and investors.

Overall, this book provides an excellent summary of the relevant regulations pertaining to private investment funds in the UK and US, along with an interesting methodology towards investor protection by way of private monitoring solutions. The area of fund governance is an often-ignored topic that deserves greater prominence both academically and in practice. ... the chapters comprise an insightful and erudite window into the law and governance of private investment funds. This book would be especially valuable to any researchers or students in the field as well as presenting an essential introduction for funds lawyers and practitioners commencing their careers in the world of private investment funds.

• 1: Introduction to Private Investment Funds 2: Marketing Private Investment Funds 3: Taxation of Private Investment Funds 4: The Legal Duties Arising from the Provision of Investment Advisory and Management Services 5: The Regulatory Duties Arising from the Provision of Investment Advisory and Management Services 6: Governance Issues in Partnerships Used as Private Investment Funds 7: Governance Issues in Offshore Companies used as Private Investment Funds 8: Investor Protection Failures in Private Investment Funds 9: US and EU Regulatory Responses to the Global Financial Crisis 10: Self-Regulation and Private Actors 11: Side-Letters as a Means of Mitigating the Governance Challenge 12: Board of Directors Composition as a Means to Mitigating the Governance Challenge 13: Listings of Private Investment Funds as Means of Mitigating the Governance Challenge 14: Evaluating and Implementing Private Monitoring Solutions 15: Litigation and Enforcement involving Private Funds after the Global Financial Crisis 16: The Global Frontiers of Private Investment Funds 17: Towards a Unified Theory for Private Investment Funds

Timothy Spangler is a Partner in the Financial Services Group at Dechert LLP, a leading international law firm. He regularly advises sponsors on the formation, structuring and negotiation of a wide variety of private investment funds.He is admitted to practice in New York and California, and is also a practicing English solicitor. He earned his PhD in Law at the London School of Economics. Timothy has worked on a wide range of funds, including hedge funds, private equity funds, venture capital funds and funds of funds. His clients have included a full range of parties associated with private funds - promoters, managers, advisers and investors.

Overall, this book provides an excellent summary of the relevant regulations pertaining to private investment funds in the UK and US, along with an interesting methodology towards investor protection by way of private monitoring solutions. The area of fund governance is an often-ignored topic that deserves greater prominence both academically and in practice. ... the chapters comprise an insightful and erudite window into the law and governance of private investment funds. This book would be especially valuable to any researchers or students in the field as well as presenting an essential introduction for funds lawyers and practitioners commencing their careers in the world of private investment funds.

• 1: Introduction to Private Investment Funds 2: Marketing Private Investment Funds 3: Taxation of Private Investment Funds 4: The Legal Duties Arising from the Provision of Investment Advisory and Management Services 5: The Regulatory Duties Arising from the Provision of Investment Advisory and Management Services 6: Governance Issues in Partnerships Used as Private Investment Funds 7: Governance Issues in Offshore Companies used as Private Investment Funds 8: Investor Protection Failures in Private Investment Funds 9: US and EU Regulatory Responses to the Global Financial Crisis 10: Self-Regulation and Private Actors 11: Side-Letters as a Means of Mitigating the Governance Challenge 12: Board of Directors Composition as a Means to Mitigating the Governance Challenge 13: Listings of Private Investment Funds as Means of Mitigating the Governance Challenge 14: Evaluating and Implementing Private Monitoring Solutions 15: Litigation and Enforcement involving Private Funds after the Global Financial Crisis 16: The Global Frontiers of Private Investment Funds 17: Towards a Unified Theory for Private Investment Funds