I talk to a lot of 1st time fund managers and one common mistake I hear is that they think the fund entity is their business. But it’s not. The fund is a passive investment vehicle. It might be the focus of your business; it might be your business’s only revenue source; it might take up almost all of your time; but your management company – not your fund – is your business. In today’s episode we’re talking all about management company structuring considerations. Scintillating stuff!Key Points From This Episode:Common management company structuring considerations.Quick rundown of the most common management company structures, from simplest to most complex:Single entity;Bifurcated;Bentley.Disclaimer:This show is for informational purposes only. Nothing presented here constitutes legal advice. Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headquartered in San Francisco, California. For more information, visit https://colefrieman.com/Links Mentioned in Today’s Episode:Soroban Capital Opinion - https://www.jdsupra.com/legalnews/tax-court-hampers-funds-ability-to-1321278/#_ftn1Dave Rothschild - https://www.linkedin.com/in/davidcrothschild/Cole-Frieman & Mallon LLP - https://colefrieman.com/Music by Joe Ginsberg - https://www.instagram.com/thejoeginsbergFor any questions or comments, email: [email protected]

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