At Vela Wood, we’re pleased to offer our private equity clients a full suite of services. Our attorneys can help you navigate the complex regulatory environment surrounding fund formation, offering documentation, investor sourcing, capital deployment, and exit strategies.

Vela Wood draws on the firm’s startup, corporate M&A, and real estate practices, as well as its deep connections with the Dallas venture capital investor market, to assist its clients in finding the right vehicle for raising a fund. Because we represent a number of small and growing businesses, we are in a unique position to advise our private equity clients on issues that matter most to their potential portfolio companies. Let our experience work for you.

Vela Wood is recognized by Chambers, a globally renowned legal ranking publication, in its 2025 Chambers USA Regional Spotlight Guide as a leading small to medium-sized law firm in Texas for our corporate practice.

Select Transactions
  • Represent multiple venture funds ranging from $30M AUM to $500M AUM
  • Represent multiple Texas-based independent sponsors, each of which the firm has represented in 10+ SPV vehicles
  • Provide US investment guidance for multiple overseas investment funds
  • Represent multiple Texas-based ultra-high net worth family offices ($1B+ in assets) in fund and venture related activities

Resources
Resources
Select Offerings Exemption Chart

Identify some of the requirements, limitations, and advantages of a few federal exemptions available to small businesses raising capital.

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Recent Blog Posts
Corporate Governance
What’s New in Delaware? Key Corporate & LLC Changes Every Business Should Know in 2025

In March 2025, Delaware overhauled its General Corporation Law, introducing major changes that impact how companies handle conflicted transactions, board approvals, and stockholder rights. These updates aim to reduce legal uncertainty and bring clearer standards for directors, officers, and controlling stockholders. Here’s a quick look at what’s changed—and why it matters.


Funding & Capital Raising
QSBS Expansion – What You Need to Know

Congress made major changes to QSBS, expanding who qualifies and how much gain can be excluded. The asset cap rose to $75 million, and investors can now exclude up to $15 million or 10× their basis—whichever is greater. Shorter holding periods also now qualify for partial tax breaks. These changes open the door for both investors and companies to benefit from this powerful tax incentive.


Funding & Capital Raising
Private Funds, Public Rules – What Fund Managers Need to Know

This blog breaks down what qualifies as an “investment company” under federal law and explains how private fund managers—like those running hedge funds or venture capital firms—can avoid burdensome public registration by meeting key legal exemptions.


Lead Attorneys

“Vela, stop shooting so much.”

– Coach Cranfill

Kevin Vela Partner

“The impediment to action advances action. What stands in the way becomes the way.”

— Marcus Aurelius

Radney Wood Partner

“Be yourself; everyone else is already taken.”

– Anonymous

Carr Staley Partner

“Fall seven times. Stand up eight.”

– Japanese Proverb

Zach Jones Partner

“Just keep swimming.”

– Dory

Rebecca Carpenter Senior Attorney