Court cases

Benefits Think Private equity funds saddled with pension liability

By Eva Davis and Michael Falk

Published May 6, 2016 12:08 AM EDT Updated May 6, 2016 10:32 AM EDT 5 Min Read

The general partners of the two Sun Capital Funds are each controlled by Sun Capital’s two senior managing principals. Those principals are also the co-CEOs of a third Sun Capital entity that advises the two Sun Capital Funds, structures their deals, and provides management consulting and employees to their portfolio companies.

The Sun Capital Funds’ limited partnership agreements explain that the Funds are actively involved in the management and operation of their portfolio companies and give the general partner of each Sun Capital Fund exclusive and wide-ranging management authority.

Eva Davis

Co-chair, private equity practice

Eva Davis is co-chair of the Private Equity Practice at Winston & Strawn.

Michael Falk

Chair, employee benefits and executive compensation practice

Michael Falk is chair of Winston & Strawn’s employee benefits and executive compensation practice.

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