Are You Pursuing a Blended Fund Approach and How to Navigate Risks and Regulatory Issues?

Are you aiming to be a “fund of funds” and/or a “fund”? I wonder whether the LPA has a mechanism to disclose the risks and regulatory issues that may arise from a blended approach? Or - as you’re asking here - perhaps there are pioneers who’ve been down this trail before and can help identify the pitfalls and risks which they or others have found ways to adequately mitigate on behalf of your LP’s and the Fund.