Goodwin Adopts ProVision for Side Letter Management
- Feb 3
- 2 min read
Updated: Feb 5
We are pleased to announce our partnership with Goodwin, marking an important step in how the firm delivers side letter management services to its fund formation clients. Goodwin has integrated ProVision, Intelligent Legal Solutions’ AI-powered platform, into its Private Investment Funds practice following a constructive internal pilot and close collaboration between both teams.
Goodwin advises more than 1,000 investment managers worldwide, supporting funds across private equity, real estate, venture capital, credit, infrastructure, impact investing and other strategies. Because fund structures are becoming more complex and investor terms are expanding, firms are feeling the pressure for a smoother and more precise way to manage side letters.
ProVision is designed to streamline this process by automating side letter extraction, supporting the creation of master side letters and simplifying MFN elections. The platform fits directly into Goodwin’s existing workflows, helping reduce manual effort while maintaining lawyer oversight and the high standards of confidentiality and data security required for fund formation matters.
“After a constructive close collaboration and internal pilot with ILS, we are delighted to be partnering with them to integrate the side letter process functionality into our fund raising workflow,” said Mandee Gruen, Co-Chair of Goodwin’s Private Investment Funds practice. “The ProVision solution transforms what was often a lengthy and unrewarding task into a streamlined, harmonized and efficient user experience. Similar to our Goodwin Embark tool, this innovation directly incorporates the side letter and MFN processes into our legal service offering, providing fund clients with an even faster route to market.”
Goodwin’s adoption of ProVision reflects the firm’s commitment to thoughtful innovation and to delivering efficient, business-oriented outcomes to fund clients worldwide.
We look forward to continuing our work with Goodwin as we further develop ProVision to support the evolving needs of the fund formation teams.
