Launch an institutional-grade VC fund in a day with no up front costs. 
Meet Start Fund
Previous Post
Next Post
1

Asked by

Community Member

on

in

Accounting & Taxes

Are Capital Contributions from GPs always set by default as exempt from Management Fees in Decile Hub?

Can you select in Decile Hub whether the GP commits are to be included or not in Management Fee calculations? 

I tried the following sections but couldn’t find an option to do so: 

Back Office > Manage Capital Accounts > Type “GP” > Clicked on “Decile Admin”
Back Office > Entity Management > Venture Institute Cohort 3 GP > Clicked “Edit” on both “General Partner” and “Fund”
1 See in Base
1

Answered by

Community Member

on

Yes, you can enable the GP to pay management fees by going to Back Office > Entity Management > Fund "Edit" > Click "Enable GP management fees"
0

Answered by

Community Member

on

Got it! Thanks Rob.

Join VC Lab

VC Lab, the leading venture capital accelerator, empowers new and emerging managers worldwide to close ethical, high-performing funds in under six months. The program provides cutting-edge tools, expert mentorship, and a global network to raise more money in less time. Apply if you want to build a meaningful venture capital firm.

Apply Now
How do I start raising my first venture fund? What are the key considerations for becoming a Limited Partner?
How can I improve my emerging manager firm's deal flow? What strategies help attract institutional LPs?
How do I build a compelling investment thesis? What are best practices for portfolio management?
How can I differentiate my VC firm in a crowded market? What are the typical fund terms for emerging managers?