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Placement Agent Agreement Private Equity Fund
"I need a Placement Agent Agreement Private Equity Fund for our Hong Kong-based firm acting as placement agent for a new technology-focused PE fund, with specific provisions for digital marketing materials and online investor communications, targeting completion by March 2025."
1. Parties: Identification of the contracting parties - typically the fund and/or fund manager and the placement agent
2. Background: Context of the agreement, brief description of the fund and purpose of engaging the placement agent
3. Definitions and Interpretation: Key terms used throughout the agreement, including regulatory terms specific to Hong Kong
4. Appointment and Scope of Services: Terms of appointment and detailed description of placement agent services
5. Regulatory Status and Compliance: Confirmation of regulatory status, licenses, and compliance obligations under Hong Kong law
6. Territory and Exclusivity: Geographical scope of the placement agent's activities and any exclusivity provisions
7. Fees and Expenses: Compensation structure, including placement fees, retainer if any, and expense reimbursement
8. Payment Terms: Timing and method of payment, including any escrow arrangements
9. Representations and Warranties: Standard and specific representations from both parties
10. Compliance with Laws: Obligations to comply with applicable laws, particularly Hong Kong securities regulations
11. Confidentiality: Protection of confidential information and trade secrets
12. Data Protection: Compliance with Hong Kong privacy laws and data protection measures
13. Term and Termination: Duration of agreement and termination provisions
14. Indemnification: Mutual indemnification provisions and liability limitations
15. General Provisions: Standard boilerplate clauses including governing law, notices, amendment procedures
1. Non-Circumvention: Used when there's a need to prevent direct approaches to introduced investors
2. Key Person Provisions: Include when specific individuals are crucial to service delivery
3. Sub-Placement Agents: Include if the placement agent may appoint sub-agents
4. Force Majeure: Include for longer-term agreements or in volatile markets
5. Non-Solicitation: Include to prevent poaching of employees/clients
6. Marketing Approval Process: Include when specific marketing material approval procedures are required
7. Investor Reporting: Include when placement agent has ongoing investor reporting obligations
1. Schedule 1: Services Description: Detailed scope of placement agent services and responsibilities
2. Schedule 2: Fee Schedule: Detailed breakdown of fees, including calculations and examples
3. Schedule 3: Marketing Guidelines: Specific requirements for marketing materials and approach
4. Schedule 4: Target Investors: List of potential investors or investor types to be approached
5. Schedule 5: Compliance Requirements: Detailed regulatory compliance requirements specific to Hong Kong
6. Schedule 6: Form of Investor Reports: Template for investor reporting if required
7. Appendix A: Key Personnel: List of key personnel involved in providing services
8. Appendix B: Power of Attorney: If placement agent needs specific authority to act on fund's behalf
Authors
Private Equity
Investment Management
Financial Services
Asset Management
Investment Banking
Venture Capital
Fund Distribution
Professional Services
Alternative Investments
Legal
Compliance
Investment
Investor Relations
Risk Management
Business Development
Marketing
Fund Administration
Operations
Executive Management
Fund Manager
Chief Executive Officer
Chief Investment Officer
Chief Compliance Officer
Legal Counsel
General Counsel
Head of Distribution
Head of Investor Relations
Investment Director
Compliance Manager
Risk Manager
Business Development Director
Marketing Director
Fund Administrator
Partnership Secretary
Investor Relations Manager
Placement Agent Director
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