Direct Lending
Tower Fund Services Networks at 2017 SkyBridge Alternatives SALT Conference
- May 25, 2017
- Posted by: Vincent Sarullo
- Category: Direct Lending, Events, Family Office, Fund Administration, Fund of Funds, Hedge Funds, New Funds, Private Equity / Venture Capital, Raising Capital, Real Estate, SMA, Tax Liens
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Tower Fund Services meets with industry colleagues like Audit Firms and International Law Firms at 2017 SkyBridge Alternatives SALT Conference Tower Fund Services networked at the prestigious SkyBridge Alternatives SALT Conference in Las Vegas, May 15 – 19, 2017 with colleagues at surrounding events. SALT recently made headlines when Anthony Scaramucci, the Founder of SkyBridge Capital, joined
Are You Ready For A 3rd Party Marketer?
- April 17, 2017
- Posted by: Vincent Sarullo
- Category: Direct Lending, Fund Administration, Fund of Funds, Hedge Funds, Real Estate, SMA, Tax Liens
Hiring a 3rd Party Marketer for Alternative Investment Marketing Now that you’ve established a solid base of core investors, are you ready to “expand your horizons” and focus on targeting qualified investors? Third-party marketers are consultants that essentially act as your external marketing team. These more seasoned groups will work closely with you to ensure
A Quick Guide to Alternative Investment Funds
- April 17, 2017
- Posted by: Vincent Sarullo
- Category: Direct Lending, Fund Administration, Fund of Funds, Hedge Funds, Private Equity / Venture Capital, Real Estate, Tax Liens
From a legal formation perspective, a hedge fund and a private equity fund are the same type of entities; typically, a limited partnership and on an occasion an LLC. The legal form doesn’t determine the type of fund, how the fund is operated does. Fees, liquidity and investor capital terms drive the distinction. Limited Partnership
What is the Difference between Private Funds and Mutual Funds?
- December 29, 2016
- Posted by: Vincent Sarullo
- Category: Direct Lending, Fund of Funds, Hedge Funds, Legal, Marketing, Private Equity / Venture Capital, Real Estate, Tax Liens
According to the SEC, “mutual funds are companies that brings together money from many people and invests it in stocks, bonds or other assets. The combined holdings of stocks, bonds or other assets the fund owns are known as its portfolio. Each investor in the fund owns shares, which represent a part of these holdings.”
7 Reasons Why A Fund Administrator Should be the Authorized Signatory on a Fund’s Bank Account(s)
- December 20, 2016
- Posted by: Vincent Sarullo
- Category: Direct Lending, Family Office, Fund Administration, Fund of Funds, Hedge Funds, Private Equity / Venture Capital, Real Estate, Reference Materials, SMA, Tax Liens
Here are the reasons why a fund administrator should be the authorized signatory on an investment fund’s operating bank account(s).
Raising Capital Initially: Family Investments and Other Ideas
- December 7, 2016
- Posted by: Vincent Sarullo
- Category: Direct Lending, Family Office, Fund of Funds, Hedge Funds, Marketing, New Funds, Private Equity / Venture Capital, Raising Capital, Real Estate, SMA, Tax Liens
A family can be defined as a people who are united by relation. The term family is relative to immediate, as well as extended relationships. Have you ever considered how big your “family” actually is? If you have, then have you also considered the likeliness of potential family investors? This can be the best route to
How is Carried Interest or a Performance Fee or an Incentive Fee Earned?
- December 1, 2016
- Posted by: Vincent Sarullo
- Category: Direct Lending, Fees, Fund of Funds, Hedge Funds, Management, Private Equity / Venture Capital, Real Estate, SMA, Tax Liens
A fund manager is incented to generate profits for his investors by getting a share of those profits as a carried interest. Other common terms are performance allocation, incentive fee, profit share, profit participation, or performance. Whichever technical term you want to use, it’s the fund manager’s bonus for doing a good job. Many times
Investor Redemptions: It’s So Hard to Say Goodbye!
- November 23, 2016
- Posted by: Vincent Sarullo
- Category: Direct Lending, Fund Administration, Fund of Funds, Hedge Funds, New Funds, Private Equity / Venture Capital, Raising Capital, Real Estate, Tax Liens
Everyone knows being in a relationship is hard. However, what’s even harder is when it has to come to an end. As much as you’d like to believe your investors love you and want to be with you forever, it is possible they have a wandering eye, or you just aren’t what they thought, so
What To Know About Investor Subscriptions
- November 16, 2016
- Posted by: Vincent Sarullo
- Category: Direct Lending, Fund Administration, Fund of Funds, Hedge Funds, Management, New Funds, Private Equity / Venture Capital, Real Estate, Tax Liens
You’re the coach, and the investors are your players. You’re in the middle of a play, and your newest player wants in! What do you do? Stop the play and sub him in, or do you wait until the play is complete, or even until the next quarter? It is tough call to make, especially
5 Key Considerations in Developing Your Hedge Fund Business Plan
- November 9, 2016
- Posted by: Vincent Sarullo
- Category: Careers, Direct Lending, Fund Administration, Fund of Funds, Hedge Funds, Management, New Funds, Private Equity / Venture Capital, Productivity, Real Estate, Tax Liens
If you want life to be organized and run as smooth as possible, it is a known fact that planning is essential. Any type of structure requires a solid plan and an end goal. The same applies to your fund. Although you may not see it this way, your fund is your business. Having a