Do I need to create a management company, or can I manage my SPVs as an individual?
Sydecar customers can organizer SPVs as an individual or through an entity (typically an LLC, known as a management company). Many deal leads chose to establish an LLC to act as the manager of an SPV to benefit from limited liability protections. Using a multi-owner SPV can also make it easier to share economics (such as carried interest) between multiple individuals involved with organizing and managing the deal. If you decide to organize the deal as an individual, Sydecar can also support sharing economics via a carry share agreement.