OVERVIEW FAMILY OFFICES

A COLLABORATIVE, GLOBAL OFFERING WHO WE SERVE Our comprehensive family office practice We advise single-family and multifamily offices involving a broad comprises a global team of lawyers with range of complex legal needs. Our clients include large U.S. and non-U.S. single-family offices, multifamily offices set up by private experience advising family offices established equity firms for their managing directors, and multifamily offices by ultra-high-net-worth families in the United that do not fit within the “private investor” exception under the Investment Advisers Act. Our advice to family offices extends to States and around the world. Situated across advice for the individual members of the families. the United States, Europe and Asia, our lawyers OUR CLIENTS INCLUDE focus on the most critical business and legal n New family offices of successful principals within the private needs of our clients, often involving multiple equity, , biotech and technology industries practices within the firm. n Well-established family offices serving multiple generations and involving complex family, trust, philanthropic and investment structures n Foreign with family members and assets located across the globe MARKET PERCEPTION n Family offices with ranging from $100 million to over $10 billion n  Chambers USA Two-time winner of Award for Excellence in Invest- ment Funds; ranked nationally in Chambers High CROSS-PRACTICE COLLABORATION Net Worth Guide for “Private Wealth Law” Our comprehensive services ensure that our family office clients have ready access to the knowledge and experience of lawyers in all n  Chambers Global 2018 relevant practice areas. Coordination across our practice areas offers Ranked as a leading “Investment Funds: Private family office general counsel reliable, responsive support. Equity: Fund Formation” practice and “Intellec­ tual Property” practice

n  Chambers USA 2018 Ranked nationwide in the “Investment Funds: Funds,” “Investment Funds: : Tax

Fund Formation,” “Investment Funds: Regis- Investment Trusts & Estates tered Funds,” “Life Sciences,” “Tax: Corporate & Management Finance,” and “Employee Benefits & Executive Hedge Charitable Compensation” practice areas Funds Planning

n  U .S. News & World Report–Best Lawyers “Best Law Firms” Survey Intellectual Regulatory Property Compliance Named “Law Firm of the Year” five consecutive years for Hedge Funds and Private Funds; Tier 1 ranking for “Mutual Funds Law”; ranked in top tier Real Estate Employment nationally for “Real Estate Law” and “Trusts & Estates Law” WHAT WE DO FOR FAMILY OFFICES

Asset Management Trusts & Estates Employee Benefits n Structure family office investment n Develop sophisticated estate planning n Advise regarding required aggregation vehicles strategies rules for employee benefit plans of n Advise on fund formations and fund n Coordinate complex gifting programs investments that include operating companies with employees investments, including review of fund n Develop customized fiduciary documents structures to manage trusts n Coordinate employee benefits between n Provide investment management n Advise foreign donors on gifting family offices and foundations, advice, spanning the spectrum of SEC strategies benefiting U.S.-resident particularly with shared services regulatory exemptions to advising family members employees on private and public company n Advise on succession planning, investment to investment review Real Estate including family office ownership, n Advise on derivatives provisions of structuring and continuity issues n Handle acquisitions, sales, financings, the Dodd-Frank Act and negotiate co-investments and joint venture derivatives documentation Charitable Planning investments n Advise on funds with sophisticated n Develop creative strategies to transfer n Advise on development, design and structures necessitated by tax and/or wealth to charitable entities construction-related projects regulatory goals, such as master-feeder n n Advise family foundations and family Handle commercial and residential funds, multiseries trusts, and mirror offices on charitable giving, including real estate investments and or parallel funds foreign grantmaking transactions n Advise on registered funds investing in n Guide charitable entities on developing Intellectual Property hedge funds, commodities and other and implementing impact investments asset classes, n Create joint ventures, strategic and funds with cross-border and Impact Investing alliances and collaborations with international investment strategies technology, , life n Experience pioneering global impact sciences and companies in other tech n Advise on direct investment investing transactions across a variety industries transactions and co-invests of sectors, including: n Assist with international technology n Sustainable agriculture Tax transfers and cross-border n n Advise on investment activities, Renewable energy transactions discussing U.S. and non-U.S. tax n Conservation n Analyze specialized IP holding issues, ERISA and other regulatory company, financing, monetization and n Microfinance issues related to those investments debt structures n n Review and negotiate tax-related Health n Negotiate complex pharmaceutical, provisions in fund documents for n Education technology and IP licensing deals family office investments in private equity funds, hedge funds and real n The provision of basic goods Employment Law and services estate funds n Negotiate agreements for highly n  Advise on structure and jurisdiction n Uniquely positioned to identify and compensated executives of holding vehicles for tax-efficient effectively manage the risks and n Assist with compliance with wage and investment structures and employee opportunities that exist throughout hour laws, and employing non-U.S. benefit plan compliance the life cycle of an investment citizens n n Analyze and provide tax and Utilize our market-leading strategies n Advise on personnel policies and structuring advice on co-investment and insights in corporate social practices opportunities and responsibility as well as venture investments , having represented n Provide ongoing advice to fund individuals, institutions and families operations, including applying fund in their charitable pursuits for more allocation and distribution provisions than a century in particularly complex situations and creating alternative investment vehicles and structures for investments that raise special tax issues for a class of investors or the fund as a whole

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