Is there a venture partner agreement that covers LP fund-raising/closing?
Which documents should be included in the Warehouse folder of the LP data room?
How does VC fund raising work if we don't reach our target?
What tools do you recommend for fund management, specifically CRM and fund management platforms?
Should we include our own contribution when calculating the target fund size using the spreadsheet of weighted averages for potential investors?
Hello thinking about possible LPs I know to come up with the right fund size what is the smallest investment that you would recommend accepting? There would be a trade-off between amount raised and having too many LPs with small investments e.g. 25K minimum vs 100K minimum. Mike Adeo
*- accrued perf to late LPs -* Hello I am unsure how to formulate it and if relevant in our context of closing quickly. One prospective LP asked me my formula to accrue early non-realized perf to late LPs joining. I answered that • there is no NAV so no such computation • i intend to do the final close in less that 12 months • all LPs get the same perf Did I miss something?
Q: 1) Do I understand correctly that the Overview of the fund completely duplicates the Deck with the difference that the Overview has more text description and explanations? Should the deck structure be completely duplicated in Overview? 2) What is the purpose of Overview? Does it replace PPM?
One of the LP’s is asking for the fund reporting metrics? Is there a standard reply that one can use to answer this?
is there a reason to establish all 3 entities (LP GP and ManCo) at once and at the first close or I can register a DE LLC for ManCo now and start marketing the brand and the mission without talking about the fund?
Am preparing to meet a family foundation as a potential LP because they want more impact any recommendations or insights on how that might differ from connecting with a HNWI or a family office? Or any technical/ regulatory issues I should study up on?
What should I talk about with VCs at an open evening?
What is an Operating Partner's role in a fund?
If there’s another fund setting up a 5-7x your size of fund and would invest in your fund but want to set it up as a SPV/SPC so its part of the bigger play yet you’d have all the independence you need to run things etc. what would you see as the pros & cons?
A potential LP is interested in investing in the fund (I wasn't soliciting :slightly_smiling_face:). He asked for pro-rata assignments. Not exactly sure what this means. Also what kind of legal paperwork is behind this?
Where can I find a copy of the PACT?
Regarding co-investment rights as discussed on the AMA agree re co-investment in follow-on is ideal. What are you thoughts on co-investing with institutional LPs (not participating in fund 1) as a way of 1) building our credibility in the market as emerging manager and 2) building relationship with that LP for subsequent funds? In this specific case we have a state insurer (65B fund biggest healthcare investor in the country) that are interested such a relationship as a start their check size is 2-50m for direct so we are looking at the lower end ideally with us leading. We are thinking ideal scenario would be to announce first close and first investment with marquee names alongside us. Appreciate your thoughts on this.
Is there a problem with forwarding the URL of our newsletter to potential investors/connectors to share? Giving them the option to sign up for future newsletters if they choose.
Looking for guidelines/best practices with regards to angel syndicates- what are the pros/cons of having one or more LP's that are angel syndicates? -are there special terms to consider? -pitfalls to avoid?
Do you have a PACT template for Europe?
