| From the Editor's Desk
AngelList Launches 'Rolling Venture Fund' In Bid To Make Fundraising Easier For New VCs AngelList’s new product, the Rolling Venture Fund, is intended to relieve the fundraising headache for fund managers. Under its structure, fund managers raise a certain amount of permanent capital, then set up quarterly commitments that roll in automatically. New backers can join each quarter, with funds that haven’t been invested rolling over to the next. The fund manager accepts the same management fees and carry as with a typical fund, with the ability to invest throughout the cycle as soon as the first commitment has closed. AngelList charges new fund managers a 1% fee capped at $25,000 per year, as well as 5% carry on dollars brought in for investment through the AngelList platform.
Continued here
Read TradeBriefs every day, for the top insight!
Advertisers of the day Veris: The new one-stop office management tool is here!
IIM Calcutta: IIM Calcutta | Senior Management Programme in Business Analytics | Accepting Applications
Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. | | Impact of Budget proposals on sectors Expectations were sky-high from Finance Minister Nirmala Sitharaman's Budget for 2020-21. The government sought to boost growth in the Union Budget, which hiked spending on the farm sector and proposed cuts in personal taxes. DDT was also abolished. However, the measures fell short of market expectations, as Dalal Street took a big hit. Reliance Securities lists different Budget proposals and their impact on different sectors: Winners and Losers |
How office design leads to success BlackBuck's contemporary, open-plan office in a Bengaluru suburb aims to bring together its diverse staff while encouraging exchange of ideas and promoting innovation |
| TradeBriefs Publications are read by over 10,00,000 Industry Executives |
No comments:
Post a Comment