Counsel (Lawyer, Legal Counsel, Advocate, Attorney)
A professional who practices law, applying legal knowledge, procedures, and experience to address specific legal issues or advance the interests of clients. A lawyer is licensed to practice in a particular jurisdiction after passing the required state bar examinations. In the context of an SPV, counsel typically provides assistance with fund documents, purchase agreements, securities-related […]
CPA (Certified Public Accountant)
A designation granted by the American Institute of Certified Public Accountants (AICPA) to individuals who pass the CPA exam and meet the required work experience. CPAs are recognized for their expertise in income tax preparation but may also specialize in areas such as auditing, bookkeeping, fund accounting, forensic accounting, managerial accounting, and information technology. CPAs […]
Crowdfunding
A method of raising capital by soliciting small contributions from a large number of individuals to invest in a portfolio company. Special Purpose Vehicles (SPVs) are often used to aggregate these smaller investments into a single, larger investment amount for the purpose of making the investment. Read more: https://www.investopedia.com/terms/c/crowdfunding.asp