Updated almost 3 years ago on . Most recent reply
Startup Costs of Creating a Syndication Fund
Hey everyone!
I am having trouble finding reputable sources of information regarding the costs associated with forming a 506(b) or 506(c) fund.
If you have done this before, or know someone who has, what costs are associated with the formation of a syndication?
Book recommendations? YouTube video recommendations? Podcast recommendations?
Thank you!
Most Popular Reply
@Thomas Lebens
Attorney fees -$15-$25k
This includes a PPM, subscription agreement and operating agreement.
Does not include LLC formation
506b- add $10-$15k per year for audited financials
Website - assume you have one
Investor portal - $7-15k per year
Tax returns -$5k yearly
Fundraising - if you don’t have connections and need to market to raise money assume an client acquisition cost of around $5-6k for every raise of $50,000. (10-12%).
- Chris Seveney
