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:Rita Astoor
Date:December 2025
featured article
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.](https://fund-forecasting@carta.com/uk/en/learn/private-funds/venture-capital/)
Fund Formation
December 2025
The anatomy of a modern fund structure
Learn about fund structures for private investment funds, including the key entities, the flow of economics, and the legal agreements that govern them.
View](https://fund-forecasting@carta.com/uk/en/learn/private-funds/structures/)
Investors
January 2025
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.
View](https://fund-forecasting@carta.com/uk/en/learn/private-funds/management/)
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.
View](https://fund-forecasting@carta.com/uk/en/learn/private-funds/management/portfolio-management/investment-thesis/)
The Venture Playbook: Starting a fund
Learn the ins and outs of venture — from launching your firm to supporting your portfolio companies.
VC 101 video course
VIDEO COURSE
Venture Capital 101
Learn the fundamentals of starting a venture capital fund.](https://fund-forecasting@carta.com/uk/en/learn/vc-101/)
VIDEO COURSE
VC regulations
Get familiar with the regulatory landscape by knowing its areas of focus, registration requirements, and exemptions.](https://fund-forecasting@carta.com/uk/en/learn/vc-101/1/?slide=5)
VIDEO COURSE
Limited partnerships & management companies
Understand the limited partnership agreement (LPA) and the big role management companies play in VC.](https://fund-forecasting@carta.com/uk/en/learn/vc-101/1/?slide=4)
Popular tools
LP pitch deck template
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VC regulatory playbook
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Investor update template
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Portfolio management
How to write an investment memo
How to write an investment thesis
Fund performance
How VCs measure fund performance
Sharing your track record as an emerging VC
Regulations
Author:Holli Heiles Pandol
Date:December 2022
featured article
Venture capital regulations
The SEC regulates most aspects of venture capital funds and fund managers. Learn more about private fund regulation requirements to remain compliant.](https://fund-forecasting@carta.com/uk/en/learn/private-funds/regulations/)
Investors
November 2025
AML and KYC: The fund operations mandate
This article explains the core anti-money laundering and counter-terrorist financing regulations, as well as the importance of establishing a robust AML and CTF programme to protect your fund from the consequences of non-compliance.
View](https://fund-forecasting@carta.com/uk/en/learn/private-funds/regulations/aml-kyc/)
Taxes
Author:The Carta Team
Date:March 2026
featured article
Venture capital tax treatment
Learn about the tax treatment of venture capital funds, including the treatment of management fees and carried interest, special considerations like QSBS, and what LPs expect from your fund during tax season.](https://fund-forecasting@carta.com/uk/en/learn/private-funds/venture-capital/taxes/)
Carta
June 2025
Schedule K-1 tax form
A Schedule K-1s is a key tax document used by LLCs and other pass-through entities. In this article, we cover important due dates, filing information, and what to include in a Schedule K-1 form.
View](https://fund-forecasting@carta.com/uk/en/learn/startups/tax-planning/schedule-k-1-tax-form/)
Educational Essentials
February 2026
Qualified small business stock (QSBS)
Understand the qualified small business requirements and how to take advantage of QSBS tax treatment for eligible stock options.
View](https://fund-forecasting@carta.com/uk/en/learn/startups/tax-planning/qsbs/)