CFS Legal Guledani & Partners advised a financial group on launching a private equity fund in Georgia. Under the engagement the firm worked on structuring and tax vetting of the whole project, prepared business descriptions of the Private Placement Memorandum, Articles of Association of the Fund, Subscription Agreement, Fund Management Agreement and other corporate documents involved. There are only three active investment funds operating in Georgia (Georgian Regional Development Fund (GRDF) of Millenium Challenge Georgia (MCG), Caucasus Energy & Infrastructure (CEI) and G&T Asset Management) and one closed real estate investment fund (REIF) which was managed by CFS Investment Bank. Of the referred vehicles, GRDF operations and investments are serviced by CFS Legal Guledani & Partners, while REIF was fully structured and vetted by our firm. The referred engagement makes CFS Legal Guledani & Partners a favored legal partner for the similar assignments.