Add-On Services and Software for Base and Core Funds

 

Additional investments for Base Funds

For Base Funds subject to a 15-investment cap:  

  • Deployment and management of additional investments
$1,500/investment

International investments

 

  • Outgoing FX wires processing; complex deployment operations to satisfy international requirements (notarizations, apostilles, fund KYC); upfront and ongoing tax analysis
$1,000/investment
Indian Investments
  • Indian Demat account setup support
$2,800
Non-Standard investments
  • Advisory shares; fund of funds (reporting outreach, K-1 outreach)
$2,000/investment
Crypto Investments
  • Documentation review, tracking, and tax analysis for crypto assets (incl. NFTs, token warrants, SAFTs, SAFTEs, token purchase agreements)
$2,000/investment
3(c)(7) Parallel Fund
  • 3(c)(7) QP parallel fund setup
$15,000
Blocker setup
  • Fund blocker setup for investing in passthrough investments
$6,000
Warehoused investments
  • Transferring of previously purchased assets into Fund
$2,000/
investment
Full-Service Management Company 

$5,500/year 

Paid from management fees; Cancel anytime

Quarterly Financial Statements
  • Unaudited financial statements and capital account statements provided to LPs (quarterly & annually)
$3,000/year
Audit Support
  • Management and coordination of audit timeline; communication, coordination and provision of documentation in partnership with external auditors to produce of audited financial statements. External auditor fees not included.
$6,000/year 
Networked Banking* 

Only available for Core Funds: 

$5,000/year

 

*AngelList is a financial technology company, not a bank or FDIC-depository insured institution. Banking services are provided by Grasshopper Bank, N.A. and Piermont Bank; Members FDIC. The Networked Banking sweep program Sweep programs allocates deposits across a network of FDIC-insured banks and are offered through AngelList’s partner banks, Grasshopper Bank, N.A. and Piermont Bank, for up to $125 million in aggregate coverage for eligible participants. The FDIC’s deposit insurance coverage only protects against the failure of an FDIC-insured bank.  Account holders must explicitly elect to participate in the Networked Banking sweep program.  Not all customers or accounts are eligible to participate in the Networked Banking sweep program and AngelList does not guarantee that customers or accounts will be eligible for additional FDIC insurance coverage. For more information, see our banking terms here.

Was this article helpful?
1 out of 1 found this helpful