Captive Fund: A Comprehensive Guide to Its Legal Definition

Definition & Meaning

A captive fund is an investment fund that is exclusively managed for a single entity, typically a large financial institution or its affiliates. This type of fund primarily invests capital on behalf of its parent company, which can include contributions from shareholders and management. Captive funds are often associated with private equity or venture capital firms that serve the investment needs of their parent organization.

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Real-world examples

Here are a couple of examples of abatement:

Example 1: A large commercial bank establishes a captive fund to manage its venture capital investments. The fund exclusively invests in technology startups that align with the bank's strategic goals.

Example 2: A multinational corporation creates a captive fund to invest in renewable energy projects, using capital primarily from its shareholders. (hypothetical example)

Comparison with related terms

Term Description Difference
Private Equity Fund A fund that invests in private companies or buyouts. Captive funds are owned by a single entity, while private equity funds can have multiple investors.
Venture Capital Fund A fund that invests in early-stage companies. Captive funds may invest exclusively for the parent company, whereas venture capital funds typically seek external investors.

What to do if this term applies to you

If you are involved with a captive fund, it's important to understand the investment strategy and regulatory requirements. Consider consulting with a legal professional to ensure compliance with relevant laws. Additionally, you can explore US Legal Forms for templates that may assist in managing your fund's legal documents effectively.

Quick facts

Attribute Details
Ownership Single entity or financial institution
Investment Type Primarily on behalf of the parent company
Capital Source Contributions from shareholders and management

Key takeaways

Frequently asked questions

The primary purpose of a captive fund is to manage investments exclusively for the parent company, aligning with its strategic goals.