Once the fund is launched, are we good to advertise it and where?
Once the fund is launched, are we good to advertise it and where?
Generally speaking, hard no and nowhere. A fund usually cannot solicit investors publicly, irrespective of how many closes it has completed. However, a fund can (carefully) do PR to attract entrepreneurs as investment targets for capital deployments.
For more information, please read this: https://govclab.com/2022/06/28/general-solicitation/
For more information, please read this: https://govclab.com/2022/06/28/general-solicitation/