Prescriptions For Subscriptions
3.1.08News & Publications
The Institutional Real Estate Letter - North America
John Kuhl and Amy Wells co-authored an article about the many issues institutional investors should consider when negotiating opportunity fund subscription agreements.
- Care should be taken in negotiation such agreements to avoid unanticipated obligations and exposure to unanticipated liabilities.
- Some Sponsors make negotiated modifications directly to the subscription agreement to be signed by the investors, while some place all subscription agreement modifications in a side letter.