✨ New from Finally Fund Admin
We’ve published new articles on both the Finally and ClearlyTax websites. Take a look at the latest resources:
We hope these articles are helpful as you plan for the rest of the year.
🌱 Planning to Start a Fund or SPV?
If you’re considering launching a new fund or SPV, or have questions about your plans, Q4 is a good time to start the conversation.
Our sales team and account managers are available to discuss your goals, answer questions, and help you understand the next steps. Reach out to schedule a call.
🤝 Refer a Fund Manager to Finally
Know a fund manager who could use fund administration support? Refer them to Finally. For each referral that becomes a client, you’ll receive $125 off your next fund or SPV setup.
If someone in your network is starting a fund or looking for fund administration support, we’d be glad to connect.
We’re here to help you plan ahead. Please contact the Finally team at [email protected] with any questions.
💼 Protecting Your Fund and Your Firm
We recommend that every fund consider appropriate insurance coverage as an additional layer of protection. Through our insurance partner, we can connect you with a specialist to discuss options based on your fund’s structure and needs.
Fund managers can face claims even when they believe they’ve taken the right steps. Disputes may arise from an LP misunderstanding, a deal that doesn’t go as expected, differing interpretations of documents, or a wire issue.
A few things to keep in mind:
In some cases, fund managers may be named personally in a claim.
Legal costs can add up, even when you’ve acted appropriately.
Issues may arise years after a decision was made.
LPs may ask about insurance coverage during due diligence.
Coverage types to discuss with a specialist: D&O · E&O · Cyber · Crime · Key Person · EPLI
Insurance can help you understand and manage potential risks as you build your fund. At Finally, we don’t sell insurance, but we’ve seen the issues that can arise. We work with partners such as Vouch, which understands fund structures.
Consider discussing your coverage early: Connect with Vouch.
🧾 Start Preparing for Tax Season
We created ClearlyTax to support individuals and businesses with their tax needs. If you’re looking for help with personal or business taxes, visit https://clearlytax.co/ or contact our in-house tax team at [email protected] to learn more.