Wisconsin Subscription Agreement - A Section 3C1 Fund

• Category: Contracts - Equity Funds
• State: Multi-State
• Control #: US-PE-J1AM
• Format: Word; Rich Text

Description

This is a sample private equity company form, a Subscription Agreement. Available in Word format. Wisconsin Subscription Agreement — A Section 3C1 Fund A Wisconsin Subscription Agreement — A Section 3C1 Fund refers to a legal document that outlines the terms and conditions of an investment in a Section 3C1 fund offered in the state of Wisconsin. This agreement serves as a binding contract between the fund manager and the investor, detailing the subscription process, investment terms, and other relevant provisions. The Section 3C1 fund, also known as a "hedge fund," is typically structured as a limited partnership (LP) or a limited liability company (LLC). It is subject to certain regulations and exemptions specified under Section 3(c)(1) of the Investment Company Act of 1940, which allows funds to avoid registering as investment companies with the Securities and Exchange Commission (SEC). To ensure compliance with the law and protect the interests of both parties, a comprehensive Wisconsin Subscription Agreement — A Section 3C1 Fund includes several key components. These may vary depending on the specific fund and its investment strategy, but some common elements could be: 1. Parties Involved: The agreement identifies the fund manager or general partner (GP) responsible for managing the fund and the investor(s) subscribing to the fund. 2. Terms of Subscription: It outlines the terms and conditions of the investment, including the minimum subscription amount, any applicable fees, investment lock-up periods, redemption policies, and the fund's investment objective and strategy. 3. Representations and Warranties: The investor is required to provide certain representations and warranties to the fund manager, ensuring that they meet the eligibility criteria and have a clear understanding of the inherent risks associated with the investment. 4. Investor Suitability: This section may include criteria defining the eligible investors for the fund, such as accredited investors, qualified clients, or high-net-worth individuals. 5. Confidentiality and Non-Disclosure: To protect the fund's proprietary information, the agreement often includes confidentiality and non-disclosure provisions, preventing the investor from sharing sensitive details about the fund's operations. 6. Indemnification and Liability: This section outlines the extent to which the fund manager and investor can be held liable for any losses incurred during the investment period, clarifying the responsibility and potential indemnification arrangements. 7. Governing Law and Jurisdiction: The agreement specifies the governing law (usually the state of Wisconsin) and the jurisdiction that will govern any disputes arising from the agreement. While there may not be different types of Wisconsin Subscription Agreement — A Section 3C1 Fund, variations can occur based on specific fund structures, strategies, and management preferences. It is important to carefully review and understand the terms and conditions outlined in the agreement before committing to invest in such private investment vehicles. Additionally, seeking legal counsel and conducting due diligence on the fund and its manager can provide valuable insights for potential investors.

Wisconsin Subscription Agreement — A Section 3C1 Fund A Wisconsin Subscription Agreement — A Section 3C1 Fund refers to a legal document that outlines the terms and conditions of an investment in a Section 3C1 fund offered in the state of Wisconsin. This agreement serves as a binding contract between the fund manager and the investor, detailing the subscription process, investment terms, and other relevant provisions. The Section 3C1 fund, also known as a "hedge fund," is typically structured as a limited partnership (LP) or a limited liability company (LLC). It is subject to certain regulations and exemptions specified under Section 3(c)(1) of the Investment Company Act of 1940, which allows funds to avoid registering as investment companies with the Securities and Exchange Commission (SEC). To ensure compliance with the law and protect the interests of both parties, a comprehensive Wisconsin Subscription Agreement — A Section 3C1 Fund includes several key components. These may vary depending on the specific fund and its investment strategy, but some common elements could be: 1. Parties Involved: The agreement identifies the fund manager or general partner (GP) responsible for managing the fund and the investor(s) subscribing to the fund. 2. Terms of Subscription: It outlines the terms and conditions of the investment, including the minimum subscription amount, any applicable fees, investment lock-up periods, redemption policies, and the fund's investment objective and strategy. 3. Representations and Warranties: The investor is required to provide certain representations and warranties to the fund manager, ensuring that they meet the eligibility criteria and have a clear understanding of the inherent risks associated with the investment. 4. Investor Suitability: This section may include criteria defining the eligible investors for the fund, such as accredited investors, qualified clients, or high-net-worth individuals. 5. Confidentiality and Non-Disclosure: To protect the fund's proprietary information, the agreement often includes confidentiality and non-disclosure provisions, preventing the investor from sharing sensitive details about the fund's operations. 6. Indemnification and Liability: This section outlines the extent to which the fund manager and investor can be held liable for any losses incurred during the investment period, clarifying the responsibility and potential indemnification arrangements. 7. Governing Law and Jurisdiction: The agreement specifies the governing law (usually the state of Wisconsin) and the jurisdiction that will govern any disputes arising from the agreement. While there may not be different types of Wisconsin Subscription Agreement — A Section 3C1 Fund, variations can occur based on specific fund structures, strategies, and management preferences. It is important to carefully review and understand the terms and conditions outlined in the agreement before committing to invest in such private investment vehicles. Additionally, seeking legal counsel and conducting due diligence on the fund and its manager can provide valuable insights for potential investors.