SPV Creation Timeline
How long it takes to set up an SPV on Allocations, from formation to first close
I just signed a service agreement. What is the timeline? What happens next?
Here is an overview of the overall flow and how long each step typically takes Day 1
Build completed and contract approved
Day 1 - 3
Entity formation
Bank account set up
Legal docs set
Day 4 - 7
Deal page creation
Fund manager & investors onboarding
Day 5 - 7
SPV ready to go!
What is included in the Allocations SPV?
1. Formation: We set up the SPV entity and bank account 2. Simple SPV documents: We provide simple SPV document templates that we have built internally and leverage industry best practices 3. Compliance: We assist with deal compliance with our exempt reporting advisor product 4. Investor onboarding: We provide investor onboarding with a super-fast, standardized process 5. Deal closing: We assist with the wire to the portfolio company 6. Cap table management: We calculate each investor's interest in the private fund and provide them with an easy-to-use dashboard to manage their interests 7. Regulatory filings: We submit Reg D to FINRA and Blue Sky State Filings for each private fund 8. Accounting & Tax: We assist with the calculation of management fees, carry fees, and distribution, along with annual K1 filings 9. Distribution: We assist with distributing capital to investors in the private fund upon a liquidity event
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