We offer expert advice to venture capital funds and their managers, covering everything from formation and fundraising to regulatory compliance, investment activities, and LP relations.
Fund Formation
Whether you're new to the game or a seasoned pro, Lawlace is here for you. Our sweet spot for fund formation is emerging fund managers with up to $100AUM.
We guide you through all the legal and regulatory hurdles to get your fund off the ground. From brainstorming key business terms and fundraising to legally forming the fund and onboarding LPs, our advice is straightforward, tailored, and affordable.
Fund Compliance
Our deep knowledge of federal and state investor adviser regulations, federal securities laws, and Delaware partnership and LLC laws sets you up for success.
We will handle or guide you through the Form ADV, Form D, blue sky filings, and Delaware annual compliance.
Investment Activities
We offer comprehensive support for your startup investments. Whether you're a lead investor or just cutting a small check, we've got you covered on legal due diligence.
For smaller investors, we often do a high-level review—checking major corporate documents, verifying that the IP is correctly assigned to the company, and confirming that the cap table adds up.
For lead investors, we go deeper, tying out the cap table and scrutinizing all agreements.
Our due diligence isn't just a formality. It serves a dual purpose: fulfilling your fiduciary duty to LPs by making informed business decisions and helping founders avoid costly errors.