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SPV stands for Special Purpose Vehicle. In our case, this is a company with the sole purpose to co-invest funds in a specific target.
Roundtable creates an SPV per deal, which can be a French SAS, SC or a Luxembourg SCSp depending on the country of residency of the co-investors.
As of today, Roundtable structures three kinds of SPV:
- Luxembourg special limited partnership (”SCSp”).
- French société civile (”SC”)
- French société par actions simplifiée (”SAS”)
The Deal Lead (initiating the Deal) chooses the SPV structure, although certain circumstances may limit this choice. You should check with the Deal Lead which SPV structure has been selected for your investment.
Accessing Roundtable's platform is free!
During the investment stage:
- Roundtable charges fees when creating an SPV to group all investors into an investment vehicle (1% of the amount raised by the vehicle, excluding VAT, with a minimum fee of €5,000, excluding VAT).
- Community admins may charge entry fees or carried interest (a performance fee only paid if the investment generates returns)
For secondary transactions by co-investors, Roundtable charges a 1% fee on the amount of the secondary transaction to these co-investors, with a minimum of €1,000, excluding VAT, and a maximum (cap) of €5,000, excluding VAT.
Try our pricing calculator for more information on Roundtable pricing.