# An emerging manager’s guide to SPVs

## Learn how to close your first deal faster with a special purpose vehicle

Traditional fundraising for [private equity funds](https://fund-forecasting@carta.com/learn/private-funds/private-equity/) is intricate, time-consuming, and often overwhelming. Between building relationships with [LPs](https://fund-forecasting@carta.com/learn/private-funds/structures/limited-partner/), managing the legal setup, and maintaining compliance, it can take months to get your first fund off the ground.

[Special purpose vehicles](https://fund-forecasting@carta.com/learn/private-funds/structures/spv/) are private equity’s lower-lift starter kit, allowing investors to pool capital for a single deal and build a [track record](https://fund-forecasting@carta.com/learn/private-funds/management/track-record/)—without the complexity of a full fund.

Our free guide is designed to help emerging managers understand:

- What SPVs are and how they compare to traditional PE funds
- The step-by-step process for setting up an SPV
- SPV advantages, disadvantages, and tax implications

Download the guide today and start raising your first SPV.