Episode 9: Fund Structuring

Tokens of Wisdom

Today we are talking about how to structure your new fund vehicle, starting with two crucial questions you need to answer before making any structuring determinations: 1) what is your fund investing in? and 2) Who is investing in your fund?

Key Points From This Episode:

• Making sense of the myriad names for private funds: hedge fund, venture capital fund, private equity fund, evergreen fund, open-ended fund, closed-ended fund, etc.
• Why people confuse venture capital funds and private equity funds and how they differ.
• The basic structure for a fund vehicle for a U.S. fund manager.
• How to accommodate non-U.S. investors or tax-exempt U.S. investors participating in your fund.
• The difference between a full master-feeder fund and a mini-master feeder fund.

Disclaimer:

This show is for informational purposes only. Nothing presented here constitutes legal advice. Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headquartered in San Francisco, California. For more information, visit https://colefrieman.com/

Links Mentioned in Today’s Episode:

Episode 8: No U.S. Persons Allowed! - https://player.fm/series/tokens-of-wisdom/episode-8-no-us-persons-allowed

Dave Rothschild - https://www.linkedin.com/in/davidcrothschild/

Cole-Frieman & Mallon LLP - https://colefrieman.com/

Music by Joe Ginsberg - https://www.instagram.com/thejoeginsberg

For any questions or comments, email: [e-mail]