Initiate SPV Close

This guide will walk you through the process of initiating a Special Purpose Vehicle (SPV) close on the Syndicately platform.

Step 1: Navigate to the Deal Page

Start by navigating to the deal page.

Log in to your Syndicately account.

On the dashboard, find and click on the deal you want to close.

Step 2: Initiate Close

Once you're on the deal page, you'll need to locate the "Initiate Close" button.

At the top of the deal page, find the "Initiate Close" button.

Click on this button to open a page showing the full cap table containing all investors and fees.

Step 3: Review SPV Details

On the page, you'll find details about the SPV, including:

• Investment Amount
• Gross SPV Value
• SPV Management Fee
• Syndicately Admin Fees
• Net Investment
• SPV Manager Carry
• SPV Documents
  

1. You'll be asked to confirm that the above information is accurate.

Step 4: Close SPV

After you've confirmed the accuracy of the SPV details, you can close the SPV.

1. Click on the "Close SPV" button.

Step 5: Confirmation

You will then be redirected back to the all deals page, where you'll see a notification that your SPV close initiated successfully.

1. Notice that the SPV status has changed from "Live" to "Closing".

Congratulations! You've now completed the steps to initiate an SPV close on Syndicately. We look forward to helping you manage your investments more effectively. If you have any questions or need further assistance, please don't hesitate to reach out to our support team.