How To Create a Private Equity Fund?

[Tanh Truong]

Hi Everyone!

I've heard of various individuals starting private equity funds where investor funds are acquired before finding a deal whereas syndications are vice-versa. I'd like to learn more about how private funds are structured, the pros and cons, tax implications, limitations, and anything else worth knowing. I understand something this high level would need an attorney's oversight, but I would like to learn more for my own knowledge. Any and all information/resources would greatly be appreciated!