JV Alchemist Editorial Team

Key elements of the JV/partnership strategy process, including guidance on how to select partnership type, and build a business case.

Overview of challenges and practices for CEO selection, screening, “first 120 days,” and succession.

Key questions, documents, and policies that should be addressed when an asset JV transitions from project to operations phase.

This guide is part of the Structuring the JV Agreement Series.

The purpose of this memo is to summarize seven common JV ownership and control models – including a number of creative constructs designed to meet different shareholder needs for control, to better manage uncertainties around the value of contributions (such as products under development or IP), and to accommodate future differences in shareholder appetites for JV growth and investment.

Overview of issues, deal terms, and sample contract language related to structuring information and audit rights.

High-level set of questions for selecting the corporate form for a new JV.

Generating a robust set of deal options. Using the “Deal Wheel” to drive 5 key analyses. Case examples, templates, and checklists to support deal teams.

Governance practices that CalPERS believes all JV Boards should adopt.