For SPV Operators

One vehicle is simple. Ten is chaos.

Each SPV is its own entity. Its own LP list. Its own compliance. Its own data room. Without a system built for multi-vehicle operators, every new deal multiplies the mess.

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The SPV operator's reality.

You started with one SPV. A great deal, a handful of LPs, a Google Drive folder with the sub docs. Simple enough.

Then you did a second. And a third. Now you're managing seven vehicles across three vintages, with LPs who appear in four of them. Each entity has its own state filings, its own K-1 schedule, its own data room that may or may not be up to date.

You know exactly which Google Drive folder has the Series B term sheet — it's either in "SPV #4 - TechCo" or "SPV #4 - TechCo (FINAL)" or maybe the one without a number. Your LP sends you a message asking about their total exposure across all vehicles, and the answer requires opening six spreadsheets.

The complexity doesn't grow linearly. It compounds. And at some point, the operational overhead starts eating into the time you need to actually source and execute deals.

"The best SPV operators aren't the best deal-finders. They're the ones who can run ten vehicles without dropping a ball."

Before and after.

The difference between managing vehicles and being managed by them.

Before Archstone

  • 10 SPVs across 10 Google Drive folders with inconsistent naming
  • LP asks "what am I in?" — you open six spreadsheets to find out
  • State filing deadline for SPV #7 — discovered two weeks late
  • Different sub doc versions floating in different email threads
  • No single view of total AUM, commitments, or LP overlap

After Archstone

  • One dashboard — every vehicle, every LP, every deadline at a glance
  • LPs log in and see all their SPV investments in a unified portal
  • Compliance calendar per entity with automated reminders
  • Deal-specific data rooms with version control and access tracking
  • Cross-vehicle analytics — total AUM, LP exposure, performance

Every vehicle, one platform.

Archstone treats each SPV as a first-class entity — with its own operations, its own data, and its own compliance.

Multi-Vehicle Dashboard

Every SPV gets its own workspace — cap table, LP list, compliance calendar. Switch between vehicles in one click. See the full picture from one screen.

Per-Entity Compliance

Each SPV has its own regulatory requirements, filing deadlines, and AML obligations. Archstone tracks them separately and reminds you before anything is overdue.

Unified LP Portal

Your LPs invest across multiple SPVs. They log in once and see every vehicle, every update, every document — organized by deal, not scattered across email threads.

Deal-Specific Data Rooms

Each SPV gets its own data room with the deal memo, subscription docs, and company materials. Share with prospective LPs during fundraise, then lock down post-close.

Beyond the platform.

AngelList built an incredible platform for syndicates. If you're running SPVs through their infrastructure, it works. But at some point, you want independence.

Maybe you want to run vehicles without platform carry fees. Maybe you want your own brand on the LP experience. Maybe you're doing deals that don't fit the syndicate model — co-invests, secondaries, special situations.

Archstone gives you full control. Your entities. Your terms. Your LP relationships. No platform in the middle taking a cut.

 

Platform carry

Your brand on portal

Independent entities

Per-entity compliance

Custom deal structures

AngelList

5% carry

Managed

Limited

Archstone

0%

"The difference between an SPV operator and an SPV empire is operational infrastructure. The deals get you started. The systems let you scale."

Common questions.

Can I manage multiple SPVs from one account?

Yes. Your Archstone account is the command center for all your vehicles. Each SPV gets its own workspace with separate LP lists, compliance tracking, and data rooms. You see everything from one dashboard and drill into any vehicle with a click.

How does compliance work per entity?

Each SPV has its own compliance calendar with entity-specific deadlines — state filings, tax obligations, AML checks, and regulatory requirements. Archie sends you reminders ahead of each deadline, and you can mark items complete as you go. Nothing shared, nothing confused between entities.

Do LPs see all their vehicles in one place?

Yes. When an LP logs into your portal, they see a summary of every SPV they've invested in — their commitment, the deal, distributions, and documents. They can drill into any vehicle for details. No more separate emails per deal.

How is this different from AngelList?

AngelList is great for running SPVs on their platform, but they take carry and control the LP experience. Archstone gives you full independence — your brand, your terms, no platform fees. If you've outgrown AngelList or want to run vehicles on your own terms, this is built for you.

What if I run both a fund and SPVs?

Many operators run a micro fund alongside deal-by-deal SPVs. Archstone handles both — your fund and your SPVs live under one roof, with shared LP data and separate compliance tracking for each entity.

Also built for

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