The Legal Report 

The legal landscape continues to shift under the feet of private funds and their advisers. As new regulatory and operational developments bring about fresh challenges for the industry, we take a look at what the future might hold for GPs and their legal teams following the vacation of the US Securities and Exchange Commission’s long-contested Private Fund Rules, and evaluate the true cost of fund term customization for managers and investors alike.

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Amid a challenging macroeconomic environment, private equity firms are once again recognizing the importance of adaptability to remain competitive, even as they navigate an increasing number of industry-wide rules and regulations. In this Legal special report, we revive Private Funds CFO’s Legal Rising Stars list to highlight 20 of the best up-and-coming private funds lawyers helping clients to achieve their goals, and explore the legal challenges involved in the democratization of the private funds industry.

Private Funds CFO presents the Legal Rising Stars class of 2023

The submissions Private Funds CFO received this year reveal the high level of talent among lawyers under the age of 40, but we ultimately narrowed the list to those who stood out the most.

Meet the Legal Rising Stars of 2023 (A-K)

This year’s directory highlights 20 up-and-coming lawyers who stood out for their leadership, innovation and legal expertise in the private funds industry.

Meet the Legal Rising Stars of 2023 (L-Z)

This year’s directory highlights 20 up-and-coming lawyers who stood out for their leadership, innovation and legal expertise in the private funds industry.

On the minds of the 2023 Legal Rising Stars

We asked some of this year’s Legal Rising Stars to give their thoughts on the future of the private funds industry.

Finding a path for the democratization of private markets

As more sponsors look to attract attention from retail investors, the legal structures around widening access to the private markets are changing.

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