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A fund's Limited Partnership Agreement and Private Placement Memorandum lock in what it can invest in, whether crypto, real estate, businesses, or a mix. Once written, these rules can't change. The fund is bound by what's on paper from day one.

A fund's Limited Partnership Agreement and Private Placement Memorandum lock in what it can invest in, whether crypto, real estate, businesses, or a mix. Once written, these rules can't change. The fund is bound by what's on paper from day one.
You get to write the Bible when you launch your fund. The fund managers over here, they govern what happens in the fund. This is all put together and governed by what we call the Bible or the LPA and PPM. People today, you're going to ask me, Bridger, can I do a fund that invests into crypto and buys real estate and buys businesses? Answer, generally speaking, is yes. What you do is you write that down in your limited partnership agreement LPA, but once you write it down, it is written. It's like the Bible. You can't change the Bible later, okay? Once it's written, it's written.

The AI stack is trying to consolidate to a winner take all, do you think it'll stay fractionalized

Before you launch a fund, triple check your fund attorney actually filed everything.

Different view on housing affordability and the fed raising rates not lowering rates