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Fund Structure

Private fund, evergreen fund, rolling fund, continuation fund, co-investment, blocker, feeder, and master-feeder architecture.

251 terms

Operating lens

Which vehicle structure best fits investor eligibility, liquidity, taxes, economics, and reporting obligations?

Operating uses

  • Compare PE, VC, credit, real assets, evergreen, rolling, crypto, and co-investment vehicles.
  • Map feeders, blockers, parallel funds, SPVs, continuation vehicles, and sidecars.
  • Connect structure choices to fees, waterfalls, compliance status, tax reporting, and liquidity.

Quality checks

  • Vehicle purpose, investor type, term, liquidity, and tax assumptions are documented.
  • Economics and governance align with LPA, side letters, and disclosures.
  • Reporting and administration workflows fit the chosen structure.

704(b) Capital Account

704(b) Capital Account is a metric used in partnership tax, investor onboarding, allocation, withholding, and tax reporting to clarify economics, records, responsibility, and timing.

AI Fund

AI Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

AIV Admission Process

AIV Admission Process is a process used in AIVs, tax-sensitive vehicles, regulatory vehicles, offshore structures, and investor-specific compliance design to align ownership, tax, liquidity, investor rights, and operating records.

AIV Exit Process

AIV Exit Process is a process used in AIVs, tax-sensitive vehicles, regulatory vehicles, offshore structures, and investor-specific compliance design to align ownership, tax, liquidity, investor rights, and operating records.

AML Review

AML Review is a workflow SPV sponsors, fund administrators, and investor relations teams use to control subscription processing and investor onboarding with clear ownership, evidence, and follow-through.

Acquisition Holding Company

Acquisition Holding Company is a structure used in fund vehicle design, entity layering, asset ownership, and sponsor control to align ownership, tax, liquidity, investor rights, and operating records.

Alternative Investment Vehicle Election

Alternative Investment Vehicle Election is a process used in AIVs, tax-sensitive vehicles, regulatory vehicles, offshore structures, and investor-specific compliance design to align ownership, tax, liquidity, investor rights, and operating records.

Angel Fund

Angel Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Annex Fund

Annex Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Asset-Based Lending Fund

Asset-Based Lending Fund is a private credit fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Availability Payment Vehicle

Availability Payment Vehicle is a structure used in real assets, real estate, infrastructure, energy, and project-level vehicle structuring to align ownership, tax, liquidity, investor rights, and operating records.

Beneficial Owner Change

Beneficial Owner Change is a workflow fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

Beneficial Ownership Certification

Beneficial Ownership Certification is a certificate SPV sponsors, fund administrators, and investor relations teams use to control subscription processing and investor onboarding with clear ownership, evidence, and follow-through.

Bidco Fund Vehicle

Bidco Fund Vehicle is a structure used in fund vehicle design, entity layering, asset ownership, and sponsor control to align ownership, tax, liquidity, investor rights, and operating records.

Biotech VC Fund

Biotech VC Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Bitcoin Fund

Bitcoin Fund is a digital assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Blocker Fund

Blocker Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Brownfield Infrastructure Vehicle

Brownfield Infrastructure Vehicle is a structure used in real assets, real estate, infrastructure, energy, and project-level vehicle structuring to align ownership, tax, liquidity, investor rights, and operating records.

Business Development Company

Business Development Company is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Buyout Fund

Buyout Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

C-Corp Blocker

C-Corp Blocker is a structure used in partnership tax, investor onboarding, allocation, withholding, and tax reporting to clarify economics, records, responsibility, and timing.

CLO Equity Feeder

CLO Equity Feeder is a structure used in private credit vehicle architecture, loan ownership, leverage, credit sleeves, and note issuance to align ownership, tax, liquidity, investor rights, and operating records.

CTA Fund

CTA Fund is a liquid alternatives fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Capital Account Tax Basis

Capital Account Tax Basis is a metric used in partnership tax, investor onboarding, allocation, withholding, and tax reporting to clarify economics, records, responsibility, and timing.

Captive Fund

Captive Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Cell Company Fund

Cell Company Fund is a structure used in fund vehicle design, entity layering, asset ownership, and sponsor control to align ownership, tax, liquidity, investor rights, and operating records.

Climate Tech Fund

Climate Tech Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Closed-End Fund

Closed-End Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Co-Investment Fund

Co-Investment Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Collateralized Fund Obligation Vehicle

Collateralized Fund Obligation Vehicle is a structure used in private credit vehicle architecture, loan ownership, leverage, credit sleeves, and note issuance to align ownership, tax, liquidity, investor rights, and operating records.

Commodity Pool

Commodity Pool is a liquid alternatives fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Concession Holding Vehicle

Concession Holding Vehicle is a structure used in real assets, real estate, infrastructure, energy, and project-level vehicle structuring to align ownership, tax, liquidity, investor rights, and operating records.

Consent to Transfer

Consent to Transfer is a legal document fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

Continuation Fund

Continuation Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Continuation Fund Election Process

Continuation Fund Election Process is a process used in continuation vehicles, GP-led secondaries, LP transfer mechanics, tender offers, and rollover elections to align ownership, tax, liquidity, investor rights, and operating records.

Core Infrastructure Fund

Core Infrastructure Fund is a real assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Core Infrastructure Vehicle

Core Infrastructure Vehicle is a structure used in real assets, real estate, infrastructure, energy, and project-level vehicle structuring to align ownership, tax, liquidity, investor rights, and operating records.

Core Plus Real Estate Fund

Core Plus Real Estate Fund is a real assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Core Real Estate Fund

Core Real Estate Fund is a real assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Corporate Venture Capital Fund

Corporate Venture Capital Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Credit Sleeve

Credit Sleeve is a structure used in private credit vehicle architecture, loan ownership, leverage, credit sleeves, and note issuance to align ownership, tax, liquidity, investor rights, and operating records.

Crypto Fund

Crypto Fund is a digital assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Crypto Hedge Fund

Crypto Hedge Fund is a digital assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Crypto Venture Fund

Crypto Venture Fund is a digital assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

DeFi Fund

DeFi Fund is a digital assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Deal-by-Deal Fund

Deal-by-Deal Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Deep Tech Fund

Deep Tech Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Development Fund

Development Fund is a real assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Development Joint Venture

Development Joint Venture is a structure used in real assets, real estate, infrastructure, energy, and project-level vehicle structuring to align ownership, tax, liquidity, investor rights, and operating records.

Digital Asset Fund

Digital Asset Fund is a digital assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Direct Investment Fund

Direct Investment Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Direct Lending Fund

Direct Lending Fund is a private credit fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Distressed Debt Fund

Distressed Debt Fund is a private credit fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Distressed Securities Fund

Distressed Securities Fund is a liquid alternatives fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Diversity Fund

Diversity Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Domestic Feeder Vehicle

Domestic Feeder Vehicle is a structure used in feeder, blocker, master fund, and parallel fund structuring to align ownership, tax, liquidity, investor rights, and operating records.

Early Stage Venture Fund

Early Stage Venture Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Emerging Manager Fund

Emerging Manager Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Energy Fund

Energy Fund is a real assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Energy Transition Vehicle

Energy Transition Vehicle is a structure used in real assets, real estate, infrastructure, energy, and project-level vehicle structuring to align ownership, tax, liquidity, investor rights, and operating records.

Ethereum Fund

Ethereum Fund is a digital assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Event Driven Fund

Event Driven Fund is a liquid alternatives fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Evergreen Fund

Evergreen Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Evergreen Redemption Window

Evergreen Redemption Window is a process used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

Evergreen Subscription Window

Evergreen Subscription Window is a process used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

Family Office Fund

Family Office Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Farmland Fund

Farmland Fund is a real assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Feeder Aggregator

Feeder Aggregator is a structure used in feeder, blocker, master fund, and parallel fund structuring to align ownership, tax, liquidity, investor rights, and operating records.

Feeder Fund

Feeder Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Fintech Fund

Fintech Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

First-Time Fund

First-Time Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Follow-On Fund

Follow-On Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Full Redemption

Full Redemption is a workflow fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

Fund

A pooled investment vehicle that gives a sponsor authority to invest committed capital under a defined strategy, term, governance model, and economic arrangement.

Fund of Funds

Fund of Funds is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Fund-Level Borrower

Fund-Level Borrower is a structure used in private credit vehicle architecture, loan ownership, leverage, credit sleeves, and note issuance to align ownership, tax, liquidity, investor rights, and operating records.

Fund-Level Gate

Fund-Level Gate is a legal term used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

GP Stakes Fund

GP Stakes Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

GP-Led Rollover Vehicle

GP-Led Rollover Vehicle is a structure used in continuation vehicles, GP-led secondaries, LP transfer mechanics, tender offers, and rollover elections to align ownership, tax, liquidity, investor rights, and operating records.

GP-Led Secondary Fund

GP-Led Secondary Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

General Partner

The sponsor-controlled partner or manager responsible for operating the fund or vehicle under the governing documents.

Generalist Fund

Generalist Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Geographic Venture Fund

Geographic Venture Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Global Macro Fund

Global Macro Fund is a liquid alternatives fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Greenfield Infrastructure Vehicle

Greenfield Infrastructure Vehicle is a structure used in real assets, real estate, infrastructure, energy, and project-level vehicle structuring to align ownership, tax, liquidity, investor rights, and operating records.

Growth Equity Fund

Growth Equity Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Growth Stage Venture Fund

Growth Stage Venture Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Hard Lock-Up

Hard Lock-Up is a legal term used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

Hedge Fund

Hedge Fund is a liquid alternatives fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Holding Company Fund

Holding Company Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Impact Fund

Impact Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

In-Kind Redemption

In-Kind Redemption is a process used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

Independent Sponsor Fund

Independent Sponsor Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Infrastructure Debt Vehicle

Infrastructure Debt Vehicle is a structure used in real assets, real estate, infrastructure, energy, and project-level vehicle structuring to align ownership, tax, liquidity, investor rights, and operating records.

Infrastructure Fund

Infrastructure Fund is a real assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Initial Lock-Up Period

Initial Lock-Up Period is a legal term used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

Inside Basis

Inside Basis is a metric used in partnership tax, investor onboarding, allocation, withholding, and tax reporting to clarify economics, records, responsibility, and timing.

Intermediate Holding Company

Intermediate Holding Company is a structure used in fund vehicle design, entity layering, asset ownership, and sponsor control to align ownership, tax, liquidity, investor rights, and operating records.

Interval Credit Fund Vehicle

Interval Credit Fund Vehicle is a structure used in private credit vehicle architecture, loan ownership, leverage, credit sleeves, and note issuance to align ownership, tax, liquidity, investor rights, and operating records.

Interval Fund

Interval Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Investor Admission Record

Investor Admission Record is a workflow SPV sponsors, fund administrators, and investor relations teams use to control subscription processing and investor onboarding with clear ownership, evidence, and follow-through.

Investor Allocation Schedule

Investor Allocation Schedule is a control record SPV sponsors, fund administrators, and investor relations teams use to control subscription processing and investor onboarding with clear ownership, evidence, and follow-through.

Investor Assignment Agreement

Investor Assignment Agreement is a legal document fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

Investor Feeder Sleeve

Investor Feeder Sleeve is a structure used in feeder, blocker, master fund, and parallel fund structuring to align ownership, tax, liquidity, investor rights, and operating records.

Investor Register Update

Investor Register Update is a control record fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

Investor-Level Gate

Investor-Level Gate is a legal term used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

LP Interest Purchase Vehicle

LP Interest Purchase Vehicle is a structure used in continuation vehicles, GP-led secondaries, LP transfer mechanics, tender offers, and rollover elections to align ownership, tax, liquidity, investor rights, and operating records.

LP-Led Secondary Fund

LP-Led Secondary Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Late Stage Venture Fund

Late Stage Venture Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Leverage Facility Borrower

Leverage Facility Borrower is a structure used in private credit vehicle architecture, loan ownership, leverage, credit sleeves, and note issuance to align ownership, tax, liquidity, investor rights, and operating records.

Leveraged Buyout Fund

Leveraged Buyout Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Liquid Token Fund

Liquid Token Fund is a digital assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Liquidity Sleeve

Liquidity Sleeve is a structure used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

Litigation Finance Fund

Litigation Finance Fund is a private credit fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Loan Acquisition Vehicle

Loan Acquisition Vehicle is a structure used in private credit vehicle architecture, loan ownership, leverage, credit sleeves, and note issuance to align ownership, tax, liquidity, investor rights, and operating records.

Loan Origination Vehicle

Loan Origination Vehicle is a structure used in private credit vehicle architecture, loan ownership, leverage, credit sleeves, and note issuance to align ownership, tax, liquidity, investor rights, and operating records.

Loan Participation Vehicle

Loan Participation Vehicle is a structure used in private credit vehicle architecture, loan ownership, leverage, credit sleeves, and note issuance to align ownership, tax, liquidity, investor rights, and operating records.

Long Short Equity Fund

Long Short Equity Fund is a liquid alternatives fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Loss Allocation

Loss Allocation is a process used in partnership tax, investor onboarding, allocation, withholding, and tax reporting to clarify economics, records, responsibility, and timing.

Lower Middle Market Fund

Lower Middle Market Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Lower-Tier Holding Vehicle

Lower-Tier Holding Vehicle is a structure used in fund vehicle design, entity layering, asset ownership, and sponsor control to align ownership, tax, liquidity, investor rights, and operating records.

Managed Futures Fund

Managed Futures Fund is a liquid alternatives fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Market Neutral Fund

Market Neutral Fund is a liquid alternatives fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Master Fund Vehicle

Master Fund Vehicle is a structure used in feeder, blocker, master fund, and parallel fund structuring to align ownership, tax, liquidity, investor rights, and operating records.

Master Holding Vehicle

Master Holding Vehicle is a structure used in fund vehicle design, entity layering, asset ownership, and sponsor control to align ownership, tax, liquidity, investor rights, and operating records.

Master-Feeder Fund

Master-Feeder Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Merger Arbitrage Fund

Merger Arbitrage Fund is a liquid alternatives fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Mezzanine Debt Fund

Mezzanine Debt Fund is a private credit fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Micro PE Fund

Micro PE Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Micro VC Fund

Micro VC Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Middle Market Fund

Middle Market Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Multi-Asset Continuation Vehicle

Multi-Asset Continuation Vehicle is a structure used in continuation vehicles, GP-led secondaries, LP transfer mechanics, tender offers, and rollover elections to align ownership, tax, liquidity, investor rights, and operating records.

Multi-Stage Venture Fund

Multi-Stage Venture Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Multi-Strategy Fund

Multi-Strategy Fund is a liquid alternatives fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

NAV Loan Borrower

NAV Loan Borrower is a structure used in private credit vehicle architecture, loan ownership, leverage, credit sleeves, and note issuance to align ownership, tax, liquidity, investor rights, and operating records.

NAV Strike Date

NAV Strike Date is a legal term used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

Nano Fund

Nano Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Natural Resources Fund

Natural Resources Fund is a real assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Net Lease Vehicle

Net Lease Vehicle is a structure used in real assets, real estate, infrastructure, energy, and project-level vehicle structuring to align ownership, tax, liquidity, investor rights, and operating records.

Non-Traded BDC

Non-Traded BDC is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Offshore Blocker

Offshore Blocker is a structure used in partnership tax, investor onboarding, allocation, withholding, and tax reporting to clarify economics, records, responsibility, and timing.

Offshore Feeder Vehicle

Offshore Feeder Vehicle is a structure used in feeder, blocker, master fund, and parallel fund structuring to align ownership, tax, liquidity, investor rights, and operating records.

Open-End Fund

Open-End Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Opportunistic Credit Fund

Opportunistic Credit Fund is a private credit fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Opportunistic Real Estate Fund

Opportunistic Real Estate Fund is a real assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Opportunity Fund

Opportunity Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Outside Basis

Outside Basis is a metric used in partnership tax, investor onboarding, allocation, withholding, and tax reporting to clarify economics, records, responsibility, and timing.

Overflow Fund

Overflow Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Ownership Transfer Ledger

Ownership Transfer Ledger is a control record fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

PPP Project Vehicle

PPP Project Vehicle is a structure used in real assets, real estate, infrastructure, energy, and project-level vehicle structuring to align ownership, tax, liquidity, investor rights, and operating records.

Parallel A Fund

Parallel A Fund is a structure used in feeder, blocker, master fund, and parallel fund structuring to align ownership, tax, liquidity, investor rights, and operating records.

Parallel B Fund

Parallel B Fund is a structure used in feeder, blocker, master fund, and parallel fund structuring to align ownership, tax, liquidity, investor rights, and operating records.

Parallel Fund

Parallel Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Parallel Investment Vehicle

Parallel Investment Vehicle is a structure used in feeder, blocker, master fund, and parallel fund structuring to align ownership, tax, liquidity, investor rights, and operating records.

Partial Redemption

Partial Redemption is a workflow fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

Partial Redemption Queue

Partial Redemption Queue is a process used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

Permanent Capital Vehicle

Permanent Capital Vehicle is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Perpetual Capital Vehicle

Perpetual Capital Vehicle is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Platform Venture Fund

Platform Venture Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Pledge Fund

Pledge Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Portfolio Construction

The sponsor's plan for how capital, concentration, sectors, deal size, reserves, and risk exposures should fit together across investments.

Portfolio Holding Company

Portfolio Holding Company is a structure used in fund vehicle design, entity layering, asset ownership, and sponsor control to align ownership, tax, liquidity, investor rights, and operating records.

Pre-Seed Fund

Pre-Seed Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Private BDC Feeder

Private BDC Feeder is a structure used in private credit vehicle architecture, loan ownership, leverage, credit sleeves, and note issuance to align ownership, tax, liquidity, investor rights, and operating records.

Private Credit Fund

Private Credit Fund is a private credit fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Private Equity Fund

Private Equity Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Private Fund

Private Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Property-Level JV

Property-Level JV is a structure used in real assets, real estate, infrastructure, energy, and project-level vehicle structuring to align ownership, tax, liquidity, investor rights, and operating records.

Qualified Purchaser Check

Qualified Purchaser Check is a workflow SPV sponsors, fund administrators, and investor relations teams use to control subscription processing and investor onboarding with clear ownership, evidence, and follow-through.

Quant Fund

Quant Fund is a liquid alternatives fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Quarterly Liquidity Window

Quarterly Liquidity Window is a process used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

Rated Note Feeder

Rated Note Feeder is a structure used in private credit vehicle architecture, loan ownership, leverage, credit sleeves, and note issuance to align ownership, tax, liquidity, investor rights, and operating records.

Real Assets Fund

Real Assets Fund is a real assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Real Estate Debt Fund

Real Estate Debt Fund is a private credit fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Real Estate JV Vehicle

Real Estate JV Vehicle is a structure used in real assets, real estate, infrastructure, energy, and project-level vehicle structuring to align ownership, tax, liquidity, investor rights, and operating records.

Real Estate Private Equity Fund

Real Estate Private Equity Fund is a real assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Receivables Purchase Vehicle

Receivables Purchase Vehicle is a structure used in private credit vehicle architecture, loan ownership, leverage, credit sleeves, and note issuance to align ownership, tax, liquidity, investor rights, and operating records.

Redemption Dealing Day

Redemption Dealing Day is a process used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

Redemption Gate

Redemption Gate is a workflow fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

Redemption Gate Provision

Redemption Gate Provision is a legal term used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

Redemption Notice

Redemption Notice is an investor communication fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

Redemption Proceeds Schedule

Redemption Proceeds Schedule is a control record fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

Redemption Queue

Redemption Queue is a process used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

Redemption Request

Redemption Request is an investor communication fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

Registered Private Markets Fund

Registered Private Markets Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Renewable Energy Fund

Renewable Energy Fund is a real assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Reserve Fund

Reserve Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Revenue-Based Financing Fund

Revenue-Based Financing Fund is a private credit fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Ring-Fenced Vehicle

Ring-Fenced Vehicle is a structure used in fund vehicle design, entity layering, asset ownership, and sponsor control to align ownership, tax, liquidity, investor rights, and operating records.

Rolling Fund

Rolling Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

SBIC Fund

SBIC Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

SPV Fund

SPV Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Scout Fund

Scout Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Secondary Fund

Secondary Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Secondary Purchase Vehicle

Secondary Purchase Vehicle is a structure used in continuation vehicles, GP-led secondaries, LP transfer mechanics, tender offers, and rollover elections to align ownership, tax, liquidity, investor rights, and operating records.

Secondary Transfer Notice

Secondary Transfer Notice is an investor communication fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

Sector Specialist Fund

Sector Specialist Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Seed Fund

Seed Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Senior Debt Fund

Senior Debt Fund is a private credit fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Series A Fund

Series A Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Series LLC Fund Vehicle

Series LLC Fund Vehicle is a structure used in fund vehicle design, entity layering, asset ownership, and sponsor control to align ownership, tax, liquidity, investor rights, and operating records.

Series Vehicle

Series Vehicle is a structure used in fund vehicle design, entity layering, asset ownership, and sponsor control to align ownership, tax, liquidity, investor rights, and operating records.

Side Pocket Vehicle

Side Pocket Vehicle is a structure used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

Side-by-Side Fund

Side-by-Side Fund is a structure used in feeder, blocker, master fund, and parallel fund structuring to align ownership, tax, liquidity, investor rights, and operating records.

Sidecar Fund

Sidecar Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Single-Asset Continuation Vehicle

Single-Asset Continuation Vehicle is a structure used in continuation vehicles, GP-led secondaries, LP transfer mechanics, tender offers, and rollover elections to align ownership, tax, liquidity, investor rights, and operating records.

Single-Asset Fund

Single-Asset Fund is a fund architecture fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Sleeve Structure

Sleeve Structure is a structure used in fund vehicle design, entity layering, asset ownership, and sponsor control to align ownership, tax, liquidity, investor rights, and operating records.

Small Buyout Fund

Small Buyout Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Soft Lock-Up

Soft Lock-Up is a legal term used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

Solo GP Fund

Solo GP Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Special Situations Fund

Special Situations Fund is a private credit fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Stapled Secondary Vehicle

Stapled Secondary Vehicle is a structure used in continuation vehicles, GP-led secondaries, LP transfer mechanics, tender offers, and rollover elections to align ownership, tax, liquidity, investor rights, and operating records.

Strip Sale Vehicle

Strip Sale Vehicle is a structure used in continuation vehicles, GP-led secondaries, LP transfer mechanics, tender offers, and rollover elections to align ownership, tax, liquidity, investor rights, and operating records.

Structured Credit Fund

Structured Credit Fund is a private credit fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Subscription Dealing Day

Subscription Dealing Day is a process used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

Subscription Deficiency Notice

Subscription Deficiency Notice is an investor communication SPV sponsors, fund administrators, and investor relations teams use to control subscription processing and investor onboarding with clear ownership, evidence, and follow-through.

Subscription Intake Checklist

Subscription Intake Checklist is a checklist SPV sponsors, fund administrators, and investor relations teams use to control subscription processing and investor onboarding with clear ownership, evidence, and follow-through.

Subscription Line Borrower

Subscription Line Borrower is a structure used in private credit vehicle architecture, loan ownership, leverage, credit sleeves, and note issuance to align ownership, tax, liquidity, investor rights, and operating records.

Subscription Processing

Subscription Processing is a workflow SPV sponsors, fund administrators, and investor relations teams use to control subscription processing and investor onboarding with clear ownership, evidence, and follow-through.

Suspension of Redemption Rights

Suspension of Redemption Rights is a legal term used in evergreen fund design, open-end subscriptions, redemption mechanics, liquidity sleeves, gates, and side pockets to align ownership, tax, liquidity, investor rights, and operating records.

Suspension of Redemptions

Suspension of Redemptions is a workflow fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

Tax Allocation

Tax Allocation is a process used in partnership tax, investor onboarding, allocation, withholding, and tax reporting to clarify economics, records, responsibility, and timing.

Tax Basis

Tax Basis is a metric used in partnership tax, investor onboarding, allocation, withholding, and tax reporting to clarify economics, records, responsibility, and timing.

Tax-Exempt Feeder Vehicle

Tax-Exempt Feeder Vehicle is a structure used in feeder, blocker, master fund, and parallel fund structuring to align ownership, tax, liquidity, investor rights, and operating records.

Tax-Sensitive AIV

Tax-Sensitive AIV is a structure used in AIVs, tax-sensitive vehicles, regulatory vehicles, offshore structures, and investor-specific compliance design to align ownership, tax, liquidity, investor rights, and operating records.

Taxable Feeder Vehicle

Taxable Feeder Vehicle is a structure used in feeder, blocker, master fund, and parallel fund structuring to align ownership, tax, liquidity, investor rights, and operating records.

Tender Offer Fund

Tender Offer Fund is a private capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Tender Offer Vehicle

Tender Offer Vehicle is a structure used in continuation vehicles, GP-led secondaries, LP transfer mechanics, tender offers, and rollover elections to align ownership, tax, liquidity, investor rights, and operating records.

Thesis-Driven VC Fund

Thesis-Driven VC Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Timber Fund

Timber Fund is a real assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Token Index Fund

Token Index Fund is a digital assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Topco Fund Vehicle

Topco Fund Vehicle is a structure used in fund vehicle design, entity layering, asset ownership, and sponsor control to align ownership, tax, liquidity, investor rights, and operating records.

Trade Finance Fund

Trade Finance Fund is a private credit fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Transfer Approval Checklist

Transfer Approval Checklist is a checklist fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

Transfer Request

Transfer Request is an investor communication fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

Transfer Restriction

Transfer Restriction is a workflow fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

Transfer Tax Review

Transfer Tax Review is a workflow fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

Umbrella Fund Platform

Umbrella Fund Platform is a structure used in fund vehicle design, entity layering, asset ownership, and sponsor control to align ownership, tax, liquidity, investor rights, and operating records.

Unitranche Credit Fund

Unitranche Credit Fund is a private credit fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Value-Add Infrastructure Fund

Value-Add Infrastructure Fund is a real assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Value-Add Real Estate Fund

Value-Add Real Estate Fund is a real assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Venture Capital Fund

Venture Capital Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Venture Debt Fund

Venture Debt Fund is a private credit fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Venture Token Fund

Venture Token Fund is a digital assets fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Vertical SaaS Fund

Vertical SaaS Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

W-8 Collection

W-8 Collection is a workflow SPV sponsors, fund administrators, and investor relations teams use to control subscription processing and investor onboarding with clear ownership, evidence, and follow-through.

W-9 Collection

W-9 Collection is a workflow SPV sponsors, fund administrators, and investor relations teams use to control subscription processing and investor onboarding with clear ownership, evidence, and follow-through.

Warehouse Financing Vehicle

Warehouse Financing Vehicle is a structure used in private credit vehicle architecture, loan ownership, leverage, credit sleeves, and note issuance to align ownership, tax, liquidity, investor rights, and operating records.

Web3 VC Fund

Web3 VC Fund is a venture capital fund type or strategy defined by its mandate, liquidity, investor terms, asset class, and operating model.

Withdrawal Request

Withdrawal Request is an investor communication fund administrators, counsel, and sponsor finance teams use to control investor transfers, redemptions, withdrawals, and ownership updates with clear ownership, evidence, and follow-through.

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