Fund Formation Collection | Carta

A comprehensive guide for emerging fund managers

Starting a VC firm is a complex process. Leverage our free resources as you build your first fund.

Getting started

Author: Josephine Koh
Date: August 2024
featured article
Where to set up your fund: A comparative guide for fund managers
Choosing the right jurisdiction depends on your fund's goals, investor base, and regulatory preferences. Here is a breakdown of six non-U.S./Europe regions favored by fund managers.

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Fund Formation
December 2025
How to start a venture capital firm
Learn the essential steps for launching a venture capital firm, from developing an investment thesis and structuring your fund to managing the complete fund lifecycle.
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Investors
March 2026
The investment thesis: Your fund’s strategic blueprint
A fund investment thesis is the blueprint for your fund's strategy, guiding everything from fundraising to daily fund management. Learn how to write an investment thesis to develop a winning fund strategy.
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Investors
September 2022
Fund closing
Learn what it means to close a venture capital fund, including the different stages and steps.
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The Venture Playbook: Starting a fund
Learn the ins and outs of venture — from launching your firm to supporting your portfolio companies.
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VC 101 video course

VIDEO COURSE
Venture Capital 101
Learn the fundamentals of starting a venture capital fund.
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VIDEO COURSE
What’s a venture capital fund?
Meet the VC fund: learn what it is, how it’s different, and the unique structure that organizes it.
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VIDEO COURSE
How VC funds are structured
See how management companies, fund entities, and general and limited partners make up a VC firm.
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Fund structures

Venture capital fund structures
Limited partner (LP)
General partner (GP)
Limited partnership agreement (LPA)

Fund management & performance

Author: Rita Astoor
Date: January 2025
featured article
Fund management
Understand the key components of fund management for private equity and venture capital funds. We'll cover how fund management works throughout a fund's lifecycle—from capital allocation, risk management, portfolio company oversight, asset management, and fund administration.
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Fund Management
November 2025
Carried interest
Learn how carried interest works for private funds, including fee structures, waterfall models, and tax treatment for fund managers.
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Investors
July 2025
Capital calls
When fund managers are ready to invest in a private company, they usually have to make a capital call first. Learn more about capital calls in private equity and venture capital.
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Investors
June 2025
How to measure investment fund performance: VC & PE metrics explained
Learn how to measure investment fund performance. Explore key metrics for VC and PE funds—including IRR, MOIC, and ESG integration—for smarter investing.
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Why Carta came to Singapore
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