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The Delaware LP, minus the Delaware-sized legal bill

SEC-compliant formation, capital calls, and full admin · Zero setup and legal fees

Delaware fund regimeInstitutional LP standardTax-transparentSetup: 2–4 weeks

Up to $50M AUM

Priced separately per fund

0.10%of AUM per year

$30,000 annual minimum

Formation

  • Legal fund formation
  • Investor closings

Administration

  • Fund administration
  • Transaction reviews & valuation support

Reporting & tax

  • Quarterly financial statements
  • Audit support
  • Fund filing & tax services

Support

Add-ons

  • Discounted pricing for one international feeder vehicle
  • Bespoke requests are priced separately
Investments
Unlimited
Regulatory fees
Variable
Get started

Above $50M AUM

Priced separately per fund

Custom pricingper fund

Formation

  • Legal fund formation
  • Investor closings

Administration

  • Fund administration
  • Transaction reviews & valuation support

Reporting & tax

  • Quarterly financial statements
  • Audit support
  • Fund filing & tax services

Support

Add-ons

  • Discounted pricing for up to two international feeder vehicles
  • Bespoke requests are priced separately
Investments
Unlimited
Regulatory fees
Variable
Talk to us

Pricing applies separately per fund. For AUM up to and including $50M, the annual fee is the greater of 0.10% of AUM and $30,000. Above $50M, request a custom quote.

Transparency that makes every option easy to understand

Per-fund pricing

  • Annual feeFor AUM up to and including $50M, the annual fee is the greater of 0.10% of AUM and $30,000, separately per fund
  • Additional feedersDiscounted pricing for one international feeder vehicle
  • Bespoke requestsBespoke requests are priced separately

Fund admin

  • Use an Infra One entity as your fund's GP and advisorIncluded

Legal fund formation

  • Use an Infra One entity as your fund's GP and advisorIncluded

Fund administration

  • Fund bank account setup & managementIncluded
  • Portfolio & investment dashboardIncluded
  • Investor portalIncluded
  • Capital calls & drawdownsIncluded
  • Deal closing workflowsIncluded
  • Wire execution & capital trackingIncluded
  • Custody account coordinationIncluded
  • Document storageIncluded
  • Transfers & distributionsIncluded

Investor onboarding & compliance

  • Digital LP onboardingIncluded
  • KYC/KYB verificationIncluded
  • AML/sanctions screeningIncluded
  • Accredited investor verificationIncluded
  • Subscription document processingIncluded
  • FATCA/CRS reportingIncluded
  • Ongoing compliance monitoringIncluded

Platform services

  • Fund filingsIncluded
  • Investor closingIncluded
  • Transaction review & executionIncluded
  • Invoicing & expense managementIncluded
  • Fund tax servicesIncluded
  • K-1 preparation & distributionIncluded
Talk to us

Built on a foundation of expertise and seamless execution

  • Launch in weeks, not months

    Get your fund up and running quickly with our streamlined process

  • SEC-compliant setup

    Work with administration and compliance workflows aligned with U.S. requirements

  • Transparent cost structure

    No hidden fees. Clear, predictable pricing that scales with you

SEC-compliant fund setup and administration in the United States. End-to-end and fully supported.

The suite of Infra One's tools are designed to save you time and help you focus on growing your investments, not on completing administrative tasks.

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Chosen by leading funds and institutions

  • I launched my first two funds on AngelList. Infra One is what I wished existed back then — a truly global service with real ambition to handle formation and admin across jurisdictions, not just US-only.

    Andreas KlingerGP, Prototype Capital

  • From entity formation to LP onboarding to quarterly reporting, Infra One handled it all so I could focus on deploying capital. What would have taken months with lawyers and accountants was done in weeks.

    Nicola SinclairGP, Twin Track Ventures

  • Compliance, tax filings, investor reporting — the stuff that buries first-time managers is exactly what Infra One takes off your plate. We launched with proper infrastructure from day one.

    Simon LancasterGP, Omni Ventures

First Delaware LP? Read this before you file. (Or just let us do it!)

SEC exemptions, accredited investor rules, and the tax details your lawyers will charge you to explain.

Common questions, clear answers

  • Infra One handles digital investor accreditation verification, subscription flows, KYC/AML checks, and ongoing fund reporting. For managers who need to file as exempt reporting advisers or meet state Blue Sky requirements, the platform supports the necessary workflows and documentation.

  • Delaware offers a well-developed body of partnership law, a specialised Court of Chancery with deep expertise in corporate and fund disputes, maximum contractual flexibility in limited partnership agreements, no state income tax on out-of-state investment gains, and a fast, reliable filing system. These advantages have made the Delaware LP the default vehicle for US venture capital funds.

  • Most emerging VC managers rely on Section 3(c)(1) of the Investment Company Act (up to 100 beneficial owners) or Section 3(c)(7) (unlimited qualified purchasers) to avoid fund-level registration. Fundraising is conducted under Regulation D (typically Rule 506(b) for no general solicitation, or Rule 506(c) for verified accredited investors). Many VC managers also qualify as exempt reporting advisers under the Advisers Act venture capital fund exemption.

  • The Delaware LP formation itself takes 1 to 2 days. With Infra One handling documentation, service provider setup, and investor onboarding end-to-end, total time from engagement to first close is typically 2 to 4 weeks.

  • A Delaware LP is a pass-through entity for US federal tax purposes — the fund pays no entity-level tax and each partner reports their share of income and gains on their own return. LPs investing in qualifying small business stock (QSBS) may be eligible to exclude up to 100% of capital gains under Section 1202 if certain conditions are met.

  • The core documents are the Limited Partnership Agreement (LPA), a Private Placement Memorandum (PPM), subscription documents, and side letter templates. Infra One generates and automates all of these through the platform at zero setup and legal fees.

Take the next step toward seamless fund management

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