The Structure of Venture Capital Fund

Venture capital is a type of financing and one of the financial institutions of the capital market that deals with financing combined along with the technical management of knowledge-based companies. The context of this method of financing focuses on investing in property based on innovative ideas a...

Full description

Bibliographic Details
Main Authors: Nima Sokouti, Mahmoud Hekmatnia, Javad Hoseinzadeh
Format: Article
Language:fas
Published: Securities Exchange 2022-10-01
Series:فصلنامه بورس اوراق بهادار
Subjects:
Online Access:https://journal.seo.ir/article_11294_4e41eee6bef249d6b515b1e156d89357.pdf
Description
Summary:Venture capital is a type of financing and one of the financial institutions of the capital market that deals with financing combined along with the technical management of knowledge-based companies. The context of this method of financing focuses on investing in property based on innovative ideas aimed at commercializing them. It is important to examine the structure of this financial institution, which is formed in the form of a ‘venture capital fund’. Because it is the structure of the fund that determines the overall framework of its activities and draws the rights, duties and responsibilities of its pillars and which, among other things, clarifies the answers to these questions, firstly, what is the overall framework of the fund and its components; Secondly, the financing is provided by which group of partners, and on the other hand, by whom is the fund managed And thirdly, what is their level of responsibility; The results of this study indicate that in that in American and British law, the venture capital fund has a kind of non-corporate structure_ versus the organization of the commercial company_ knows as limited partnership. In domestic law, the mentioned structure is also the basis of adaptation. The structure is formed from two components of limited partners and general partners; Limited partners are responsible for financing and have limited liability and general partners manage fund operations and have unlimited responsibility.
ISSN:2228-5431
2820-9893