Pay to Play -- The SEC Acts
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Dulcie D. Brand
Ms. Brand represents institutional investors in all aspects of their private equity programs from initial due diligence and structuring through investment and disposition. She represents public and corporate pension plans and other institutional investors, including funds of funds, in investing in complex limited partnerships including venture capital, management buyout, and leveraged buyout funds. She also represents institutional investors in real estate opportunity and other real estate funds. In addition to fund investments, Ms. Brand advises institutional investors in direct investments in securities and in forming and maintaining strategic relationships, including joint ventures and captive fund of funds structures. She counsels institutional investors on arrangements with advisors and other aspects of their private equity programs. As a part of her private equity practice, Ms. Brand represents institutional investors in restructuring private equity investments, including in bankruptcy cases, and in portfolio transactions. Representative clients include the California Public Employees' Retirement System and the Los Angeles County Employees Retirement Association.
Ms. Brand’s corporate and transaction practice also includes private offerings of securities, acquisitions, and dispositions and corporate advice to debtors, creditors, and others in bankruptcy and restructuring matters and structuring transactions with distressed entities, particularly in the energy industry.
National Association of Public Pension Attorneys; Lead Chair of Investment Section; Co-Chair of Fiduciary Issues Task Force of the Alternative Investments Working Group.
Placement Agents: Legislative, Regulatory and Policy Developments, Panel Presentation, National Association of Public Pension Attorneys, June 2010
Due Diligence and Monitoring of Investments in Real Estate, Private Equity and Hedge Funds, Moderator, National Association of Public Pension Attorneys, February 2010
Fiduciary Duties for Investment Staff, Client Training Sessions, September 2009
Review and Negotiation of Alternative Investment Fund Documents, Panel Presentation, National Association of Public Pension Attorneys, June 2009
Legal, Accounting and Tax Issues Related to Redemptions: Clawbacks, Side Pockets, Gates & SPV, Speaker, Financial Research Associates, LLC, June 2009
Emerging Managers: Raising a VC Fund in a Bear Market, Private Equity Week, May 2009
Secondary Markets 101, Panel Presentation, Institutional Limited Partners Association, March 2009
Changes in Latitudes, Changes in Attitudes, Nothin' Remains Quite the Same, Panel Presentation, National Association of Public Pension Attorneys, February 2009
Investments: Hot Topics, Panel Presentation, National Association of Public Pension Attorneys, February 2008
Private Equity – Getting the Benefit of Your Bargain, Panel Presentation, National Association of Public Pension Attorneys, February 2005
Fiduciary Duties Meet Disclosure Obligations, Panel Presentation, Institutional Limited Partners Association, October 2003
Fiduciary Duties in Alternative Business Entities, Panel Presentation, American Bar Association Annual Meeting, August 2003
Private Equity and Real Estate: A Timely Primer for Public Plan Counsel, Panel Presentation, National Association of Public Pension Attorneys, July 2003
Structuring Transactions with Financially Troubled Entities, Client Conference, 2003
Private Equity Investments in a Post-Enron Environment, Institutional Investor Institute, Workshop for Public Fund Trustees, April 2002
Client Seminar on Private Equity Investments, May 2001
Key Issues in Private Equity Investments, Panel Presentation, Pension Plan and Endowment Funds Conference, January 2000
Governance Issues in Private Equity, Panel Presentation Pension Plan and Endowment Funds Conference, January 2000