Warehoused Deals

A warehoused deal (also known as a "warehoused investment" or simply, "warehousing") is one that is made before forming a fund, and then later transferred into the fund. This strategy enables fund managers to contribute prior investments, including syndicated SPV or angel investments, to a fund in its early days. The investments are transferred into the fund at cost, rather than at their increased value at the time of the fund's creation​​.