Tag: fund structure
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Episode 4: Why Japan Loves Unit Trusts (again) — and When Partnerships Work Better
A clear comparison of Japan’s unit trusts and partnership structures. This article explains how history, liquidity, tax treatment, and investment targets shape the choice of vehicle for practitioners and international readers.
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Episode 3: Comparing the three vessels of fund structures
A quiet, structured comparison of Japan’s three fund “vessels”: company-type, contract-type, and partnership-type. Explains governance, liability, transparency, and the differences among NK, TK, and LPS.
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How Many Times Does a Person Actually Build a Fund in Their Lifetime?
Most people will never build a fund in their entire life. Even in the investment industry, only a tiny fraction of professionals ever become GPs, and most of them will launch maybe one or two funds over the course of their career. A handful might reach ten. That’s it. Which means something important: fund structures…
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Episode 2: Who Gets Involved When You Build a Fund?— A Practical Walkthrough of the Fund Formation Process
A clear, practical walkthrough of who gets involved when building a fund—investors, tax advisors, lawyers, auditors, administrators, directors, and more. Learn the full fund formation process from a real-world perspective.