Fund Structure Selector — Griffin Law Firm

Fund Structure Selector

Investors asking to come in on your deals doesn't always mean you should start a fund. Answer a few questions about your situation, and this tool will recommend the structure that fits — joint venture, syndication, or private fund — flag the securities and tax issues to plan for, and estimate what it would cost to launch.
Step 1 — Tell Us About Your Raise
What will the capital be invested in?
The asset class drives the regulatory analysis.
One deal, or many over time?
A single asset points toward a syndication; recurring deals point toward a fund.
How many investors do you anticipate?
Investor count affects which exemptions are available.
What type of investors?
Determines verification, exemption fit, and investor caps.
Will any investors be tax-exempt or foreign?
Pensions, endowments, IRAs, foundations, or non-U.S. investors.
How will you reach investors?
Public advertising forces Rule 506(c); a private raise allows 506(b).
Total you expect to raise ($).
Annual fee on assets, for break-even (%).
Step 2 — Your Recommended Structure
Recommended

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Launch Cost Estimate
Formation Cost
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Annual Operating Cost
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Break-Even AUM
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Management Fee vs. Operating Overhead

Issues to Plan For

Securities, tax, and regulatory triggers based on your answers.

This is a starting point, not a substitute for tailored advice. Choosing and building the right structure — and staying compliant once you launch — depends on facts a tool can't fully capture. If you're weighing a raise, a conversation about the right structure for your specific deal is a worthwhile next step.

Schedule a Consultation

This tool is for informational purposes only and does not constitute legal or tax advice. The recommendation and cost figures are simplified, illustrative estimates based on the inputs you provide and current market ranges — they are not quotes, and actual structures, costs, and regulatory obligations depend on individual facts and circumstances. The application of the federal securities laws, the Investment Company Act, the Investment Advisers Act, and the Internal Revenue Code (including Sections 1061 and 1231 and the rules governing unrelated business taxable income) requires analysis of your specific situation. Consult a qualified securities attorney, tax attorney, or CPA before making decisions based on this information. Circular 230 Notice: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax advice contained in this communication is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code.