If our fund will raise from U.S. LPs and the fund will be incorporated in Canada Cayman or other jurisdiction does the G.P. needs to be American or to be registered with the SEC? The plan is for the Management LLP to be a Delaware entity. Any legal advisors we can contact? Thanks
Accepted Answer
May 03, 2023
Any funds selling to U.S. investors are required to comply with U.S. securities laws including requirements to register with the SEC and the applicable exemptions. You can request an intro to a legal advisor directly from your VC lab representative.