Partner Christopher Dlutowski spoke with Private Equity Law Report about single-investor funds (SIFs) and why investors find the flexibility of SIF opportunities so appealing. A SIF allows the investor to customize the strategy of a vehicle “so the exceptions or restrictions in a commingled fund become preeminent or an upfront limitation,” Chris explained, adding that a SIF “could have slight differences in its investment objectives or benchmark; target different underlying assets; or ensure exposure to only a subset of the investment opportunities pursued by the commingled fund."