Stop guessing. Start executing.
Whether you are a Family Office allocating direct capital or a Sponsor structuring your next raise, this is your operating system. No theory—just the practical mechanics, structures, and economics you need to get deals done.

1. Structures & Mechanics

Understand how the machine works before you turn the key.

  • Fund vs. Club Deal vs. Co-Invest: A clear breakdown of pros, cons, and when to use which.

  • The Independent Sponsor Model: How to operate (or evaluate) deal-by-deal sponsors without a committed fund.

  • SPV Flowcharts: Visual maps of money and legal flows for single-asset vehicles.

  • Pledge Funds: The hybrid middle ground between committed capital and deal-by-deal.

2. Economics & Fees

Align incentives and avoid hidden drags on returns.

  • “2 & 20” vs. Deal-by-Deal: How fee structures shift when capital isn’t committed blind.

  • The “Promote” & Catch-Up: How performance fees actually work in the waterfall.

  • Dead Deal Costs: Who pays the bill when a deal falls through? Market standards for broken deal expenses.

  • Fee Drag Visualizer: See the impact of fees on net multiples over time.

3. The Dictionary

Speak the language of professional allocators.

  • The Glossary: Interactive definitions of essential terms (Tag-along, Key Man, Hurdle, GP Catch-up).

  • Acronym Buster: Decode the alphabet soup (LPA, PPM, MOIC, TVPI) instantly.

 

Looking for actionable documents?

Jump to our Templates & Checklists section to download IC Memos, NDA shells, and Due Diligence guides.