Tribevest

Tribevest builds and runs fund-of-funds SPVs. Two kinds of customer use it: lead sponsors who want the people in their network to aggregate capital into their deals through a repeatable structure, and independent capital aggregators who raise from their own networks into someone else's deal.

For each SPV, Tribevest forms and structures the entity as a Reg D 506(b) or 506(c) offering, prepares the operating agreement, subscription documents and PPM, makes the state-level regulatory filings, collects and stores investor accreditation letters, and runs onboarding with KYC and AML checks. Investors wire into a dedicated business account for the fund; contributions are tracked and reconciled, the cap table updates automatically, distributions and waterfalls are administered, and a tax partner splits the entity K-1 and delivers LP K-1s. When the deal completes, Tribevest winds the SPV down and closes the accounts.

Lead sponsors get program design support, a fund-of-funds economics calculator for modelling fee splits, carry and LP returns, a playbook for recruiting and activating aggregators, a deal submission process, program analytics and a dedicated account manager. Tribevest has been doing this since 2018 and reports 150 fund of funds launched, more than 100 aggregators supported, over $100 million raised and an average SPV formation turnaround of seven days.

Read the disclosures before relying on it. Tribevest states it is not a law firm, accountant, bank, broker-dealer or investment adviser and gives no legal or tax advice; money movement runs through Stripe Payments with funds held at Fifth Third Bank. Confirm who pays for what - the site advertises building a fund-of-funds program at no cost to the lead sponsor - and keep your own securities counsel.