Friends & Family Capital is a venture capital firm that manages private investment funds and special purpose vehicles (SPVs) investing in private technology companies. The firm's advisory services are tailored to each fund or SPV's investment objectives, with Friends & Family Capital having the authority to select investments and determine exit strategies. Investors must be accredited and qualified clients, with a minimum investment generally around $1 million, subject to waiver.
Fee Structure
Friends & Family Capital manages investments for private investment funds and special purpose vehicles. The management fee varies for each fund or SPV, ranging from 0% to 2.5%, as detailed in their governing documents. Investors also pay a carried interest, which is a percentage (generally 20% to 30%) of the net profits realized by the fund or SPV.