Will you have a ESG module on DecileHub?
We (2 partners)asked the same question to Decile Base and got two contradictory answers: 1. "In a venture capital firm, the management fee is typically collected by the Management Company and then distributed to the General Partners for their services in managing the fund's operations and investments. The exact distribution can vary based on the agreement between the Management Company and the General Partners. It's important to note that the management fee is separate from the carried interest, which is a share of the fund's profits that the General Partners may also receive." 2. "Management fees are typically allocated to the General Partner (GP) as a percentage of committed capital. These fees are then used to cover the operational costs of the fund, including salaries, office expenses, and other administrative costs. The Management Company (ManCo) usually receives a portion of these fees for its role in managing the fund. The exact distribution between the ManCo and GP can vary and is typically outlined in the fund's Limited Partnership Agreement (LPA)." The question remains - who collects and then distributes the Management Fee?
We're raising fund II, and we got our first family office interest. I've been regularly pitching to HNWIs, but this is the first FO meeting. What are the main differences in their requirements ? What I've got until now: - Knowing their thesis and showing how we fall in theirs. - Presenting our track record with examples of our top startups. - Being extremely clear on the fee/carried structure. - Get ready to send our materials because I know that with FOs DD is going to be more extensive.
My IRR had been climbing for all of 2023 and in Q1 of 2024 it went down significantly. Despite one company having a 2x markup in the quarter. There were no significant cash flows out, no new investments nor any large expenses.
without minimum investment limits and the requirement for accredited investors?