Blueline Ventures Fund I
What we look for
- EBITDA Range
- $750,000 to $3,000,000
- EBITDA Margins
- > 20%
- Revenue
- > $2,000,000
- Location
- East Coast
Fund terms
- Target Fund Size
- $25 million
- Classes of Share
- Class E: LP $100K minimum investment
- Preferred Return
- 8% Preferred return to all LP’s
- LP / GP Alignment re: “Splits”
- Class E: 80/20 → 60/40 after initial capital is returned
- Fees to Sponsor
- 2% Management Fee (on equity deployed) 1% Acquisition Fee (on purchase price)
- Portfolio Company Management Expense
- Up to 2% gross revenues of the portfolio company
- Timing of Distributions
- Quarterly distributions 45 days post quarter close
- Blueline Ventures Co-Investment
- Minimum 4% of invested equity ($1,000,000 on $25,000,000 invested)
- Fund Term
- Projected 10 Year Hold Period
- Legal Structure
- BLV Fund 1 LLC (Delaware)
Returns are not guaranteed. Past performance is no guarantee of future results. All investments involve a degree of risk, including the risk of loss.
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