Institution-Friendly Venture Funds
We’re expanding our support for funds with institutional investors.
Aug 29, 2022 — 3 min read
Written by
Today we’re rolling out our institution-friendly venture fund products to all investors on AngelList. Institution-friendly venture funds make raising capital from institutional LPs as easy as raising from family offices or individuals.
Institutional investors including Tiger Global, Plexo Capital, WorldQuant Ventures, Two Sigma, and Kamco Invest deployed $1.9B on AngelList in the last 12 months thanks to our institution-friendly support.
Our new Core and Institutional Venture Fund plans are designed with institutional LP requirements in mind:
- External legal document support so you can run your fund on your own terms.
- Capital account and financial statements to provide LPs with timely, detailed insight into fund performance.
- Audit support so you can breeze through any fund audit.
- Valuation data collection so you can share mark-ups with LPs as they happen, without wasting time chasing down portfolio company updates and documentation.
AngelList’s institution-friendly funds also offer specialized services you won't find elsewhere:
- Protective transaction reviews: Comprehensive reviews of portfolio company transaction documents to eliminate issues that could impact investment economics or investor rights.
- Deal partners: One-click carry sharing agreements at the fund and deal level.
- Parallel funds: Parallel QP and non-QP entity setup to optimize investor reach and fund size.
- AngelList Capital Network: Access to a network of LPs.
- Sidecar SPVs: Spin up investment vehicles to double down on your best investments.
I’m often asked: Why use @AngelList to run a fund?
— avlok (@avlok) August 29, 2022
My answer: AngelList abstracts away *all* the complexity associated w/ starting & running a fund
Whether first fund or fifth, GPs need to manage a web of stakeholders for many yrs:
1. LPs
2. Regulators
3. Portfolio companies
