{"id":8195,"date":"2020-12-08T02:22:20","date_gmt":"2020-12-08T02:22:20","guid":{"rendered":"http:\/\/www-staging.carta.com\/sg\/?p=8195"},"modified":"2021-03-05T06:54:04","modified_gmt":"2021-03-05T06:54:04","slug":"onboarding-closing-spv","status":"publish","type":"post","link":"https:\/\/www-staging.carta.com\/sg\/blog\/simplifying-subscription-documents-for-spvs\/","title":{"rendered":"Simplifying subscription documents for SPVs"},"content":{"rendered":"

We\u2019ve made closing an <\/span>SPV<\/span><\/a> easier than ever.<\/span> With Closings on Carta, investors can quickly and efficiently close SPVs with just a few clicks. Today, we support SPV closings. In the next few months, we\u2019ll expand to allow full funds to close on Carta.\u00a0<\/span><\/p>\n

Quickly and efficiently close SPVs<\/span><\/h2>\n

Since we launched our fund administration product in 2018, we\u2019ve worked with over 1,700 funds, more than 700 of which are special purpose vehicles (SPVs), and we manage more than $20 billion in private fund assets. We\u2019re focused on <\/span>helping investors easily run their funds while we manage their back offices. Now, we\u2019re making it easier for investors to form SPVs and funds.\u00a0<\/span><\/p>\n

GPs spend months\u2014sometimes years\u2014developing relationships with their prospective investors. Once GPs have limited partners on board, fund managers are ready to execute on the deal. Instead, both sides are stuck with piles of repetitive paperwork as part of the subscription agreement process. But it doesn\u2019t need to be this way. As Fred Wilson, co-founder of Union Square Ventures wrote on his <\/span>blog<\/span><\/a>, \u201cI remain confounded by the fact that we complete the exact same form time and time again, answering the exact same questions.\u201d\u00a0\u00a0<\/span><\/p>\n

Simplify the process of onboarding LPs<\/span><\/h2>\n

Recently, we standardized the SPV process. Forming an SPV is a breeze when you do it with Carta. We help you customize your legal docs, form an entity, find a registered agent, and open a bank account. When it\u2019s time to wrap your SPV up, we\u2019ll take care of all the distributions and communications to your investors. We\u2019ve partnered with SPV tax professionals to handle your K-1s so your taxes happen in-app.<\/span><\/p>\n

Carta\u2019s new Closings tool simplifies the process of onboarding LPs to your SPV. Here\u2019s how it works:<\/span><\/p>\n

\"SPV<\/p>\n

With the new standardized closing process, closing an SPV has never been easier.<\/span> Get in touch with our team<\/span><\/a> to learn more about Closings with Carta. <\/span><\/p>\n

DISCLOSURE: <\/span>This communication is on behalf of eShares Inc., d\/b\/a Carta, Inc. (“Carta”). This communication is not to be construed as legal, financial, accounting or tax advice and is for informational purposes only. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein.<\/span><\/h6>\n","protected":false},"excerpt":{"rendered":"

Carta\u2019s new Closings tool simplifies the process of onboarding LPs to your SPV. Here\u2019s how it works:<\/p>\n","protected":false},"author":128,"featured_media":8226,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[66,499],"tags":[431,413,175,432,433],"acf":[],"_links":{"self":[{"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/posts\/8195"}],"collection":[{"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/users\/128"}],"replies":[{"embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/comments?post=8195"}],"version-history":[{"count":0,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/posts\/8195\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/media\/8226"}],"wp:attachment":[{"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/media?parent=8195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/categories?post=8195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/tags?post=8195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}