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Two of the most interesting aspects of rolling funds: they're publicly marketable under 506(c), and they remain open to new investors. There's no funding window
by RollingFund 6y ago
Two of the most interesting aspects of rolling funds: they're publicly marketable under 506(c), and they remain open to new investors. There's no funding window or offering period, so existing LPs can pause, increase, or decrease their capital contribution from quarter to quarter. It also looks like the platform works handles a lot of the "paperwork" to operate a fund, so fund managers can primarily focus on fundraising and investing.
- rdlecler1 6y agoWe do ours under a 506c, and given that we can create a new fund with any frequency, they also remain open to new investors. It seems the funding window is still that quarter. If you miss that funding window you invest in the next quarter which gives you exposure to a different window of companies. I feel like I’m still missing something here.