Regulatory
Building a compliance program for your first fund: what the SEC actually expects
The SEC examines newly formed fund advisers with increased frequency. Here is how to build a compliance program that holds up under scrutiny.
Antonis Manogiannakis
Head of Fund Operations
Hands-on fund operations specialist who has helped dozens of emerging GPs launch and run their first vehicles — from formation through ongoing admin.
Fund structuring
Long-Term Asset Funds: the UK's new structure for private market access
The LTAF is the UK's answer to getting pension and retail capital into private markets. For emerging managers, it opens doors that limited partnerships cannot.
Tax
Carried interest taxation in the UK: what changes in April 2026 and what it means for your fund
The UK is reclassifying carried interest from capital gains to trading income. If your fund documents are not set up for the new average holding period test, you will pay significantly more tax.
Fundraising
Accredited investor verification: what emerging fund managers actually need to do
Getting investor accreditation wrong can blow up your fund offering. Here is how the verification framework works and where first-time managers trip up.
Regulatory
The UK's three-tier AIFM system: picking the right regulatory path for your fund
The UK runs three distinct AIFM classifications, each with different costs, timelines, and obligations. Most emerging managers only need to care about two of them.
Fund structuring
Delaware LP formation: why it is the default for US venture funds
Over 70% of US venture funds form in Delaware. Here is what that actually means for your fund structure, tax treatment, and ongoing obligations.
Guides
The SPV-to-fund playbook: what the data says about building a track record
SPV formation is up 116% in five years. But not all SPV track records are created equal — here is what LPs actually evaluate and where most emerging managers go wrong.
Operations
Why more funds die from operations than bad investments
A landmark study found that 50% of fund failures stem from operational risk — more than the 38% caused by poor investments. Here is what that means for your fund.
Strategy
When to switch your fund administrator (and how to do it)
Five signs it is time to move on, when not to switch, and a practical migration playbook for making the transition without disrupting your fund.