How does voting and governance post-close work in practice?

As the Syndicate Lead, when drafting a deal you’ll have the option to decide whether to proxy voting rights away from your investors to another party (either you as the Syndicate Lead, or the Founder of the investee company).

This specifically affords you the ability to vote or attend AGMs and sign written resolutions, but not deeds. You also cannot vote on behalf of the investors with respect to the disposal of the capital asset - this must be managed via our standard Exit Process, unless your SPV is registered as an alternative investment fund.

Additionally, for events where the underlying investors are transferring any shares, the investors must always give consent, regardless of the proxy.