Funds: Most traditional funds have 3-4 legal entities, including

A Fund entity to invest in one or multiple portfolio companies / funds / assets, often structured as an Limited Partnership (LP) or an LLC.A GP entity to contribute a GP commitment to the Fund entity and to receive the carried interest, often structured as an LLC.A Management Co. entity to receive the management fee […]

SPVs, Multi-Asset SPVs, Committed Capital Funds, and Evergreen Fund

These are core terms related to investment vehicles, particularly in private equity, venture capital, and real estate investment.  Here’s a breakdown of each: 1. SPV (Special Purpose Vehicle) 2. Multi-Asset SPV 3. Committed Capital Fund 4. Evergreen Fund Summary of Key Differences: Each of these investment vehicles serves a different purpose depending on the investor’s […]

The Top 4 Cautions When Selecting Your Investment Administrator

• Caution #1: Pre-Paying For Multiple Years For Service: The investment admin industry has felt the negative effects of pre-paying for multiple years for investment admin services that were then never delivered because either the portfolio company had an early exit, was wound down, or the investment administrator went out of business. With Finally you […]