Venture Capital Limited Partnerships are venture capital funds structured as limited partnerships that make equity investments in relatively high-risk start-up and expanding Australian companies.
The aim of the Venture Capital Limited Partnership programme is to increase foreign investment in the Australian venture capital sector.
Venture Capital Limited Partnerships are registered under the Venture Capital Act 2002.
This paper gives an overview of the Venture Capital Limited Partnerships funds and has been written under the following headings:
- Introduction
- Who Is It For?
- What Does It Offer?
- Eligible Investments
- Investments Permitted
- Permitted Loans
- Applying For Registration As A VCLP
- Eligibility Criteria For Registration
- Conditional Registration
- Full Registration
- Maintaining Registration
- Reporting Requirement
- Revoking Registration
- Capital Raising – Minimum Size
- Managing A VCLP
- Taxation
- Monitoring And Sanctions
- Professional Advice
