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Fundraising

Should Our Fund's Currency Be SEK or USD Considering the Majority of LPs and Investments?

Asked by:
Community Member
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May 03, 2023
Our fund is domiciled in Sweden (Currency SEK). 75-85% of LPs are in Sweden. But 95-100% of investments are in USD. Should we just have the fund currency be SEK or does it make more sense to still do a USD fund?
1 answer
Mike Suprovici
Accepted Answer
May 03, 2023
If 95%+ of investments are in dollars, keep it in dollars and talk with your bank about their capabilities on this matter.

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