Single Asset SPVs: Structures, Services, & Pricing
Finally is a full-service fund administration platform where Fund Managers can create a Master Series LLC (a Fund Entity) and have one or multiple Single-Asset SPVs underneath the Master Series LLC. Each Single Asset SPV can invest into an opportunity such as a company, a fund, or a real estate property, etc.
Note: Fund Managers can also create one or multiple multi-asset SPVs under a Master Series LLC.
to discuss with Finally’s team what type of fund structure you would like to create and we can provide a custom quote for you.
There Are Many Benefits To Using A Master Series LLC To Create One Or Multiple Single-Asset SPVs
Invest In One Or Multiple Opportunties
Your Investors Receive Timely Responses To Their Questions Your Investors Have Transparency On Investments Made & Their Performance It’s At An Affordable Price That Doesn’t Sacrifice The Quality Of Experience For You & Your Investors
Offer Your Investors The Ability To Invest On A Deal-by-Deal Basis
A fund manager’s investors can have discretion to invest on a deal-by-deal basis, selecting which single asset SPV (i.e. which portfolio company) they want to invest in, and they will then have a percent ownership of the single asset SPV. Example: $50K (Individual investor’s investment) of $500K (total capital invested into the single asset SPV by all of your investors) = the individual investor would own 10% of the single asset SPV.
Deal-by-Deal Carried Interest & Flexible Fund Terms per SPV
With the single asset SPV model, fund managers benefit from deal-by-deal carried interest and can customize the amount of management fees and carried interest on per SPV basis.
Custom Naming Of SPV Entities
Customize your Master Series LLC fund name (e.g. “Your Fund Name LLC”) or use Finally’s Master Series LLC called “Master Fund I LLC”, where each single asset SPV investment would be named “Opportunity Name, a Series of Your Fund Name LLC”.
Save Money
The Master Series LLC / SPV Fund model is a structure that provides cost savings for fund managers because you don’t need to create a seperate LLC for each investment which would have annual legal maintenance fees per LLC.
Fund Doc Templates
Finally provides fund managers with the fund doc templates for the Master Series LLC and for Single-Asset SPVs which can then be further customized.
Finally Is A Full Service Fund Admin Platform
Legal Entity Setup
Finally can set up legal entities (LLCs, GPs, LPs, Corporations, S Corps, etc.) in any state within the United States (often Delaware).
Fund Accounting & Taxes / K1s
Finally has a dedicated accoutning and tax team that prepares the accounts and taxes / K1s for all your investors across all your investments, which are accessed from with your investor portal.
Management Accounting & Corporate Tax
Finally provides operational management accounting and corporate tax services for the Fund Management LLC entities.
Distributions
Finally can manage the distributions to your investors, either on one a time basis or a recurring basis.
Bank Accounts
Finally has partnerships with a number of banks both in the United States and internationally to setup one or multiple bank accounts for your funds operations.
Private Labeled Investor Portal
Fund Managers get their own private labeled investor portal for investors to view investment opportunties, sign subscription docs, access wire instructions, receive wires from your investors and send distributions to your investors from within the platform, and share portfolio updates.
Audit Support
Custom quotes can be provided by third party audit partners in Finally’s network.
Distributions
Finally can manage the distributions to your investors, either on one a time basis or a recurring basis.
Pricing
Finally provides custom pricing for each Single-Asset SPV based on the number of investors and total amount of capital.
Deposit
There is a $2,000 deposit per SPV + $300 one-time new client set-up fee and the remainder is paid upon the closing of each SPV.
Annual Payment For Fund Admin
Finally offers a customer friendly annual payment model unlike other fund admin service providers which charge 7-10 years upfront. However, if you would prefer to pre-pay for 7-10 years for fund admin services, please let us know and we can provide you with discounted pricing.
Pricing: Master Series LLC & Single-Asset SPVs