← Glossary
Continuation Fund
A new partnership formed to buy one or more assets from an existing fund run by the same general partner, with investors electing to sell their interest, roll it into the new vehicle, or both; the new vehicle has its own agreement, so terms negotiated for the original fund apply only where they are written into it again.
Orivade keeps this on the investor's record — linked to the email or document it came from, so the current status is one search away the moment an LP asks.
See also
- Side LetterAn agreement that modifies a fund's standard terms for a specific investor, often an anchor or institutional LP.
- Limited Partnership Agreement (LPA)The governing contract between a fund's general partner and its limited partners, setting economics, terms, and governance.
- General Partner (GP)The manager of a fund, responsible for its investments, operations, and reporting to investors.