Marine Bouaziz

Sep 12, 2024 | jdsupra.com | Marine Bouaziz |Daniel Dewolf |Talia S. Primor

One of the challenges facing venture capital firms is how to handle investments in portfolio companies prior to the initial close (“Initial Close”) of a new fund (“New Fund”). Typically, the investment advisor (“VC Advisor”), or a person wholly owned or controlled by the VC Advisor, will make such investment, “warehouse” it, and then transfer such investment to the New Fund promptly after the Initial Close.