Ask AI
Log In Sign Up
Go to Venture Deals
Previous Question Next Question
0
Venture Deals

Does an LP's Inquiry About Sidecar Syndicates Imply Our Fund's Involvement in Organizing Them?

Asked by:
Community Member
2
0
May 03, 2023
When an LP asks if there is room for sidecar syndicates does this imply that our fund would be helping organize the syndicate?
2 answers
0
Mike Suprovici
Accepted Answer
May 03, 2023
They are usually asking you if you would organize a syndicate in the future. That being said, you should clarify this.
Add a comment
0
Neal Strickberger
Accepted Answer
Aug 14, 2023
Offering the opportunity for your LPs to invest along side your fund (if there is additional room in the round) or in following rounds can provide additional value to both your LPs and portfolio companies. In these cases, you may want to consider an SPV to roll up these investments and take carry. This should be clarified in advance.
Add a comment

Log In or Sign Up

Please Log In, or Sign Up to participate in the discussion.

Log In
or
Sign Up

Apply to VC Lab Cohort 17

Get full access to Decile Base and the Decile Hub venture platform for free by joining the VC Lab program.

Apply to VC Lab Cohort 17
Related Questions
Is there a venture partner agreement that covers LP fund-raising/closing? 0 May 03, 2023 How does VC fund raising work if we don't reach our target? 0 May 03, 2023 What are the Pros, Cons, and Considerations for Involving Angel Syndicates as LPs in Your Investment? 0 May 03, 2023 Does a Deal Count in Our Track Record if Invested Under a Friend's Name? 0 May 03, 2023 FAST Agreement and Advisory Shares 1 Nov 10, 2024