lucasg85

Made some further research and it seems pretty doable so far in the above structure.

In fact, it appears that such companies aren't even subject to a "fund" status and that general business / contract law applies, i.e. you are just setting up a normal LP with limited partners who are bringing in equity.

It all seems too simple to be true.

BTW, I read that it's the oldest most simple type of investment company structure, and applies typically to real estate investments as well as VC and PE...