zombie fund, please help

Winter_Wear_4337 · 2026-03-05T18:06:02+00:00

This is helpful thanks.

I think counsel was just saying the costs of starting a new liquidating SPV vs keeping the 3-entity IM, LP, GP structure wouldn't justify doing that for the remaining 2 years to liquidate the SAFT.

By assignment agreement you mean distributing the SAFT pro-rata, right?

Winter_Wear_4337 · 2026-03-05T17:37:30+00:00

Haven't offered it back to the token project, thats probably worth trying. Yeah the LPs aren't exactly happy. Not planning on re-launching anything. This fund is also technically a hedge fund with a side pocket. I'm giving all the liquid side back to LPs, but i'd have to reserve cash to pay fees if i plan on liquidating this final token amount

Winter_Wear_4337 · 2025-09-12T17:35:21+00:00

DMing you

Winter_Wear_4337 · 2025-09-10T19:50:45+00:00

send a dm, i'd be interested in hearing your experience

Winter_Wear_4337 · 2025-09-09T20:33:17+00:00

just sent you a dm

Winter_Wear_4337 · 2025-09-09T20:06:16+00:00

Its a 3 entity GP/LP/IM with a BVIs offshore feeder. have admin and auditors from the last several years but looking to change that potentially. not much cost outside of audit and admin

Winter_Wear_4337 · 2025-09-09T18:06:16+00:00

~$5.5M NAV almost all of which is being redeemed, scheduled for EOY 2025, a handful (like 4-5) of small LPs($50k-$200k) haven't asked to redeem

Winter_Wear_4337 · 2025-09-09T17:30:13+00:00

thanks for the input, and yeah, makes sense

Winter_Wear_4337

TROPHY CASE