What is a private fund?
A private fund pools committed capital from limited partners and deploys it across multiple investments over a defined lifecycle. The general partner sets the strategy, sources and selects deals, manages the portfolio, and oversees exits. Economics are governed by the limited partnership agreement: a management fee funds operations, and carried interest gives the GP a share of profits once capital has been returned and any hurdle met.
Unlike an SPV, which raises once for a single asset, a fund calls capital progressively, closes on new LPs over a raising period, and reports continuously across the portfolio. That makes the operational burden materially higher — capital account maintenance, waterfall calculations, quarterly reporting, audit support, and annual K-1s across every LP.
Allocations forms Delaware limited partnerships structured under 3(c)(1) or 3(c)(7), and supports Cayman, BVI, and Seychelles vehicles for offshore and cross-border pools, including master-feeder and parallel structures.
All fund structures include unlimited closes, 30 assets, and capacity for up to 249 VC or 99 non-VC investors — administered on the same platform as your SPVs.
Venture Fund
A multi-asset venture strategy with rolling closes, progressive capital calls, and portfolio-level reporting across your holdings.
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Crypto Fund
Token and digital asset strategies, with valuation, custody, and trading provisions built into the fund documents.
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Real Estate Fund
Pooled property and real asset strategies with the accounting, distribution, and investor reporting mechanics handled on-platform.
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Fund of Funds
Invest across multiple underlying funds, with look-through reporting and the additional layer of capital call coordination handled for you.
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Institutional Fund
For managers running larger or more complex structures with institutional LPs, bespoke side letters, and heavier reporting obligations.
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Fund Pricing
One annual subscription covering formation and full administration. No enterprise sales cycle to get a number.
Fund
$19,500
/year
Up to 249 VC or 99 non-VC investors, unlimited raise, unlimited closes, 30 assets included, any asset type.
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Fund Migration
$19,500
/year
Move an existing fund onto Allocations, including historical records and LP data, with guided migration support.
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Premium SPV
$19,500
one time fee
Not ready for a full fund? Run a Premium SPV on any asset type first and move up to a fund structure later.
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Most Popular
Blue Sky filing fees are passed through at cost. See the full fee schedule for additional closings, investors, and asset types.
“We were very impressed by how Allocations handled our SPV. We’ve tried almost all the existing platforms, and Allocations was by far the best of the breed. Thank you! We firmly believe that Allocations can become the new standard in fund creation and management.”
Mario Moscatiello
Flex Capital
“Thank you team Allocations for making my climate tech dream for the average investor a reality and helping us solo GPs sleep better at night.”
Kunal
Prithvi Ventures
“Helios Capital is proudly powered by @AllocationsInc! Kachow Lightning McQueen! As my daughter would say.”
Ryan
Helios Capital
FEATURED BLOGS
Allocations tracks the most anticipated IPOs of 2026 — valuations, timelines, and what they mean for private market investors.
Both AngelList Rollups and Allocations are legitimate, well-built platforms for running a founder-controlled SPV. Both automate the operational burden that used to require a law firm, a tax accountant, and a bank working in parallel. Both charge zero carry on investors. Both produce one clean line on your cap table from dozens of angel checks. On the surface, they look nearly interchangeable.
Digital Asset Treasury Companies (DATCOs) are transforming global finance. Explore why DATCOs will lead 2026, how regulation and yield innovation are accelerating their growth, and how Allocations powers the infrastructure behind digital-asset treasuries.
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Capital account statements
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Management fee calculation
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Fund accounting and books
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Annual K-1 preparation
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LP onboarding and KYC
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Accreditation verification
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Capital call notices and tracking
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Distribution waterfall processing
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Entity formation and filings
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Bank account setup
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LPA, PPM, and subscription documents
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Side letters
How much does it cost to set up a fund?
How long does it take to launch a fund?
What is the difference between 3(c)(1) and 3(c)(7)?
How do capital calls work on Allocations?
How are management fees and carried interest handled?
Can I run a fund and SPVs at the same time?
Delaware or Cayman?
Do I need to register as an investment adviser?
Scale your next fund to $100m+ with end to end services.
Allocations secondary market is operated through Allocations Securities, LLC dba AllocationsX, member FINRA/SIPC. Check this firm on FINRA BrokerCheck. Allocations Securities, LLC is a wholly owned subsidiary of Allocations, Inc.
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