Fundamentals

How much should GPs invest to ensure LPs feel there is alignment in terms of incentives? Well, as per usual, there are some caveats. Check out our Fundamentals series on Investment Fund Key Terms. This slideshow is based on Part 5, "GP Commitment". This is an AI narration based on ⁠⁠⁠ Michael Huseby's article ⁠⁠⁠. Make sure you subscribe to our ⁠⁠⁠Fundamentals newsletter⁠⁠⁠ . Check o...

What’s the most ridiculous check size you’ve ever heard about? Find out the reasons behind GPs not accepting every check. Check out our Fundamentals series on Investment Fund Key Terms. This slideshow is based on Part 4, "LP Minimum Checks". This is an AI narration based on ⁠⁠⁠ Michael Huseby's article ⁠⁠⁠. Make sure you subscribe to our ⁠⁠⁠Fundamentals newsletter⁠⁠⁠ . Check out all...

Closed-end funds have plenty of defined aspects. Once in, LPs are locked in. Carried interest is based on “distributions.” Meanwhile, open-ended funds can last forever. New investors are often admitted on a regular basis. They also can make new investments whenever they want. But which works for your asset class? Check out Fundamentals: "Open-end vs. Closed-end Investment Funds" This is...

Is a fund size set in stone, or more of a target? Can it affect exemptions from securities laws? How much money is "normal" to raise? Check out our Fundamentals series on Investment Fund Key Terms. This episode is based on Part 3, "Fund Size". This is an AI narration based on ⁠⁠ Michael Huseby's article ⁠⁠. Make sure you subscribe to our ⁠⁠Fundamentals newsletter⁠⁠ . Check...

What's the purpose of management fees? How much do GPs usually receive? What offsets can reduce these fees? Do they change depending on the type of fund? Also, do GPs charge other fees besides management fees? How much of the fund's profits do GPs get? And how much do they need to co-invest? Learn all the answers to these questions on this episode. This is an AI narration based on ⁠⁠ Micha...

Having writer's block regarding your fund's investment objective? Keep it short and clear. Don't overhype; just say what you aim to do. State if you're raising for a VC. This is an AI narration based on ⁠⁠ Michael Huseby's article⁠⁠. Make sure you subscribe to our ⁠⁠Fundamentals newsletter⁠⁠ . Check out all our ⁠⁠content on Funds and SPVs.⁠⁠ Fundamentals is written by ⁠⁠ TIL Pa...

On the fence regarding whether you should raise a syndication or go for a multi-asset fund?  While the former might be easier and less expensive to raise "deal by deal" it can get complicated. As for the latter, you only fundraise once with reduced operational complexity. Yet, new GPs might not have the clout to raise a blind-pooled fund right out the gate. This is an AI narration based...

How many fund-related entities are there?  Should you name them all the same? How do you ensure the names you want are available? Thinking about whether going with something unique versus adding a rock, peak, or stone to your entity name? Check out the first in our fund key terms series. This episode is focused on naming your entities. This is an AI narration based on ⁠ Michael Huseby's articl...

California just enacted one of the most significant mandatory state-level compliance regimes ever imposed on venture capital firms. Mandatory registration will start on March 1, 2026. This is an AI narration based on Michael Huseby's article . Resources: California Legislative Information DFPI’s page on the new compliance regime Make sure you subscribe to our Fundamentals newsletter . Check out al...