The business of managing capital on behalf of others is one of the most highly regulated and legally complex fields in finance. From structuring a new private equity fund to ensuring the daily compliance of a portfolio management operation, every action is governed by a stringent framework of securities laws, fiduciary duties, and investor protection regulations. Legal Sandbox Georgia provides expert legal counsel to investment managers, fund sponsors, and asset management companies, architecting the compliant legal and operational structures required to successfully launch, manage, and grow investment funds in Georgia. We provide the legal certainty that allows you to focus on what you do best: generating returns for your investors.
Our practice offers comprehensive legal support across the entire fund lifecycle, beginning at the crucial formation stage. We assist sponsors with the creation and structuring of diverse investment funds, including venture capital funds, private equity funds, and other alternative investment vehicles. Our work involves drafting the complete suite of foundational legal documents: the Limited Partnership Agreement (LPA) that governs the relationship with investors, the Private Placement Memorandum (PPM) that serves as the official offering document, and the investment management and advisory agreements. We architect these documents to align with your investment strategy and provide a robust framework for governance and administration.
Once a fund is operational, our counsel shifts to ensuring impeccable ongoing compliance. We are deeply versed in the Georgian Law on Investment Funds and the associated regulations set by the National Bank of Georgia (NBG). We provide continuous guidance on adhering to securities laws and investor protection regulations, helping you navigate requirements for disclosure, reporting, and managing conflicts of interest. Our goal is to create a compliance culture that is not a burden, but a shield that protects both the fund manager and the investors from legal and regulatory risk.