Fund Managers
Running vehicles as a manager: management entities, reporting, and client relationships.
Articles from the Syndicately blog on this topic.
-
Exempt Reporting Advisers: The VC and Private Fund Exemptions
Read article: Exempt Reporting Advisers: The VC and Private Fund ExemptionsAn exempt reporting adviser skips full SEC registration under the venture capital or private fund adviser exemption, but still files part of Form ADV.
-
Investor Update Template: What to Include and How Often
Read article: Investor Update Template: What to Include and How OftenA template for writing investor updates: what to report, how often to send them, and the format that keeps LPs informed without overwhelming them.
-
LP Co-Investments Explained: How They Work in an SPV
Read article: LP Co-Investments Explained: How They Work in an SPVAn LP co-investment lets a limited partner invest directly in one deal alongside the fund, through a separate SPV, often with lower or no…
-
Rolling Funds Explained: How the Structure Works
Read article: Rolling Funds Explained: How the Structure WorksA rolling fund raises capital in continuous quarterly series instead of one closed-end round. Here is how the series structure, investor limits, and deployment…
-
Major Investor Information Rights: How They Work
Read article: Major Investor Information Rights: How They WorkMajor investor information rights explained: what threshold companies set, what financial information gets shared, and how an SPV passes it through to its LPs.
-
How Fair Value Works for Private Company Investments
Read article: How Fair Value Works for Private Company InvestmentsA plain guide to fair value for private company investments: the three valuation approaches, why the last financing round anchors the mark, and a…
-
Do SPVs Need an Audit? The SEC Custody Rule Answer
Read article: Do SPVs Need an Audit? The SEC Custody Rule AnswerMost SPVs never get an independent audit. Here is when an SPV audit becomes a requirement under the SEC custody rule, and when a…
-
How RIAs Give Clients Access to Private Markets
Read article: How RIAs Give Clients Access to Private MarketsHow registered investment advisers get clients into private deals through feeder SPVs, and what fiduciary duty, disclosure, and the custody rule require along the…
-
How to Source Deal Flow as a Syndicate Lead
Read article: How to Source Deal Flow as a Syndicate LeadWhere proprietary deal flow actually comes from, how to build a reputation that attracts it, and a simple weekly system for keeping a syndicate’s…
-
Capital Call Notice Explained: What Investors Need to Know
Read article: Capital Call Notice Explained: What Investors Need to KnowWhat a capital call notice is, what information it should include, how SPVs and multi-deal funds differ, and what happens if an investor misses…