What is the best legal setup for a deal warehouse especially for the first fund? Do we create a simple LLP with equal partnership of investors (close associates) that holds 4-5 assets, which is later bought out by the fund company and transfer the warehouse assets to it? What happens to the warehouse LLP after the transfer of assets? Can this LLP be reshaped and branded as a GP or Manco company or should it be closed/killed. Or else, instead of additional administration of LLP, can we choose to keep the warehouse on a outsourcing platform like Angel list and later buy these from the fund company? Please suggest.