The secondary market for limited partner interests in venture capital funds has witnessed robust growth in recent years as an increasing number of existing venture fund investors seek an early exit from their positions for...more
8/26/2024
/ Capital Gains ,
Capital Gains Tax ,
Foreign Investment ,
Internal Revenue Code (IRC) ,
Investment Funds ,
Investors ,
IRS ,
Limited Partnerships ,
Secondary Markets ,
Venture Capital ,
Withholding Requirements ,
Withholding Tax
What are they? A letter agreement between a portfolio company and an investing venture capital fund which provides the venture capital fund with certain “management rights” that allow it to substantially participate in, or...more