Glossary
Special purpose vehicle (SPV)
A single-purpose entity formed to hold one investment for a group of investors, common in venture syndicates and co-investments.
In practice
Each SPV is a small fund with its own investors, documents, capital activity, tax filings and sometimes carry.
In FUN/D
FUN/D creates SPVs from templates and reuses investor records across them.
Related: Co-investment · Schedule K-1 · Capital call · full glossary
See how FUN/D handles this on your fund.
Name and work email — we'll show the calculation on a structure like yours.
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