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Can We Double Down on a Company Investment Through Fund II if Already Invested in Fund I?

Can we invest in a company through Fund II if we already invested in it through Fund I and want to double down?
1 See in Base
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You should offer the LPs in Fund 1 the opportunity to invest first. You will also need LPAC approval if Fund 1 has reserves. 
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But that becomes a direct investment for the LP, and it won't include a management fee or carry right?
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You can offer this opportunity via SPVs and it's common to charge carry in that scenario. 

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