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GP · SPV · Once per SPV

SPV exit and dissolution

When the SPV’s company exits, each investor gets their share net of carry and expenses, the books close, and the final return and dissolution go to the right experts.

PlanSPV exit and dissolution

  1. Work out each investor’s share

    Held

    Operator reads the SPV’s carry terms, splits the net proceeds, returns capital, takes the carry and drafts each investor’s notice.

    Operator

  2. Approve the allocation

    Held

    You approve the allocation and your accountant checks it, before any money moves.

    PersonGP approves

  3. Wire the investors

    Held

    You wire each investor their share from the SPV’s bank account.

    PersonGP approves

  4. Record the payout

    Held

    Records the paid distribution with each investor’s amount, matching the allocation you approved.

    API actionGP confirms

  5. Send each investor their final notice

    Held

    Every investor gets their own final notice from your mailbox after one approval. A notice whose amount changed comes back on its own.

    API actionper investorGP approves all in one go

  6. Close and lock the books

    Held

    Opens the final period’s close; your accountant approves it and the period is locked.

    API actionAccountant confirms

  7. File the final return

    Held

    Your tax preparer files the final return and the investors’ K-1s.

    PersonTax preparer approves

  8. Dissolve the SPV

    Held

    Counsel or your registered agent files the dissolution once the final return is in.

    PersonCounsel approves

  9. Turn off the data room links

    Held

    Turns off every share link to the SPV’s data room.

    API actionGP confirms

The plan as it runs: each step waits for the one before it, and stops at its gate until the owner approves.

At a glance

Who runs it, and when

Who runs it
GP
What starts it
The company in the SPV is sold, acquired or written off, and you have the net proceeds from the closing statement.
How often
Once per SPV
Vehicle
SPV

Ask Operator

Start it in a sentence

Ask Operator in chat. It drafts the plan for your fund, and nothing runs until you release it.

  • You

    The company in our SPV was acquired; distribute the proceeds and close the SPV.

  • You

    Wind down the SPV now the proceeds are in, net of expenses.

  • You

    Pay out the SPV investors and dissolve it.

The outcome

Every investor has their share after carry and their own final notice, the books are locked, and the final return and dissolution are filed.

What it proves

  • Works out the carry and each investor’s share from the SPV’s own terms.
  • Records the payout only after you and your accountant have approved it and you have wired.
  • Sends every investor their own notice behind one approval; a changed amount comes back alone.
  • Closes and locks the books once your accountant approves.
  • Hands the final return and the dissolution to your tax preparer and counsel.
  • Shows each investor only their own notice; you see all of them.

Run it on your fund

Talk to the team about running this playbook on your own fund.

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