Gustavo Resendiz advises and helps clients to form their domestic and international investment funds, including private equity, growth equity, and venture capital funds, as well as funds of funds. He counsels private fund sponsors on all aspects of the fund formation process, including structure, key terms, marketing, and negotiations with investors, and counsels clients regarding the structure and terms of their internal business arrangements and in day-to-day legal and operational matters, both at the fund and upper tier levels. Gus also represents institutional and other investors in their investments into alternative investment products.
Gus brings over 20 years of legal experience to Choate, with over a decade each as outside counsel to investment managers and investors and general counsel and chief compliance officer to SEC-registered investment advisers. Gus has expertise in the legal and business issues important to clients, including compliance and regulatory issues, global risk management, business development, and investor relations matters, and a wide array of operational and administrative practices.
Professional and Community Involvement
- Board Member & President of the Board, Boys and Girls Club of Lawrence, Massachusetts
- Board Member & Vice President of the Board, La Vida Scholars of Lynn, Massachusetts
Education & Credentials
- University of Southern California
- JD, 1998
- Northeastern University
- BS, 1995
Carried Interest Would Be Taxed at Ordinary Income Tax Rates Under Newly Proposed Legislation
On July 27, 2022 Senate Majority Leader Chuck Schumer and Senator Joe Manchin issued a joint statement announcing an agreement to add the Inflation Reduction Act of 2022 to the FY2022 Budget Reconciliation Bill, which includes limitations for Private Equity managers to benefit from capital gains treatment on their carried interest.
LFM Capital Raises $307M for Fund III
Choate represented LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, on the formation of its $307M third fund.
SEC Proposes Significant New Regulations for Advisers to Private Investment Funds
On February 9, 2022, the Securities and Exchange Commission (“SEC”) published proposed regulations for investment advisers whose clients include private funds (the “Proposal”).
Choate Adds Gustavo Resendiz to Its Fund Formation Team
Choate has welcomed Gustavo (“Gus”) Resendiz as a partner in the Firm’s Fund Formation practice. Gus will advise and help clients in the formation and representation of domestic and international private investment funds, including private equity, growth equity, and venture capital funds, as well as funds of funds.