Fund Formations

Carta will work with you and a third party registered agent to form various entities tailored to your needs.

In the US, Carta supports the formation of venture funds structured as limited partnerships (LPs), along with general partner entities and management companies, both of which are established as limited liability companies (LLCs).

Globally, Carta enables the formation of specific entities in key jurisdictions, including, but not limited to:

• United Kingdom: English Private Fund Limited Partnership (PFLP)

• Luxembourg: Luxembourgeois société en commandite spéciale (SCSp)
  

Carta provides a comprehensive suite of fund formation documents to streamline your setup process.

For venture funds, this includes a term sheet, an initial limited partnership agreement, an amended and restated limited partnership agreement, subscription agreements, investment management agreements and side letters.

For general partner entities, Carta supplies operating agreements and advisor letters. For management companies, Carta offers tailored operating agreements to meet your needs.

Carta's Operational Planning Model template provides the financial tools needed to prepare you for fundraising, fund management and liquidity events, including:

•  Modeling cash vs. cashless GP contributions 

• Setting management fees and understanding related cash flows

• Portfolio construction

• Creating budgets for your management company and fund

•  Fund waterfall modeling 

• Capital call planning

Prospective LPs can log in or create a Carta account to sign subscription docs and close. GPs are notified to countersign, with the option to automatically trigger the first capital call.

With Carta’s data rooms, fundraising happens seamlessly on one platform. GPs control access, track documents and can use features like subscription doc integration and automatic watermarking.