← Glossary
Organizational Expenses
The costs of forming a fund — legal drafting, registration, and negotiating investor documents — typically charged to the fund up to a cap.
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
- Most Favored Nation (MFN)A provision governing whether and how an investor receives more favorable side-letter rights granted to another investor. Depending on the drafting, those rights may apply automatically or only after disclosure and election, and may be subject to eligibility thresholds and exclusions.
- Limited Partnership Agreement (LPA)The governing contract between a fund's general partner and its limited partners, setting economics, terms, and governance.
- Management FeeThe recurring fee a fund charges its investors to cover operating costs, typically an annual percentage of committed or invested capital.
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