fund-subscription-agreement

name	fund-subscription-agreement
title	Fund Subscription Agreement
description	Drafts U.S. investment fund subscription agreements aligned to PPM/LPA terms and securities law compliance. Use when preparing subscription documents for private equity, venture capital, hedge, real estate, or other private funds. Covers accredited investor reps, transfer restrictions, risk acknowledgments, KYC/AML conditions, and acceptance mechanics. Trigger: subscription agreement, investor questionnaire, PPM, LPA, accredited investor, Reg D, capital commitment.
author	CaseMark
author_url	https://github.com/CaseMark/skills/tree/main/skills/legal/fund-subscription-agreement
license	Apache-2.0
version	0.1.0
execution_mode	open
jurisdiction	us
practice	investment-funds
language	en

Fund Subscription Agreement

Drafts a fund subscription agreement consistent with offering documents and U.S. private offering compliance (Reg D).

Prerequisites

1. Formation docs: PPM, LPA/LLC agreement, GP/manager entity details, side letter policy
2. Offering terms: classes/series, minimums, pricing, closings, acceptance authority, capital call mechanics
3. Investor data: legal name, entity type, address, tax status, signatory authority
4. Compliance inputs: KYC/AML checklist, W-9/W-8, accreditation evidence, OFAC screening status
5. Governing law and dispute forum preferences
6. Signature method: wet ink or e-sign; entity signature block requirements

Quick Start

1. Collect intake fields (see table below)
2. Mirror all terminology and definitions from the PPM and LPA/LLC agreement
3. Draft sections in document outline order
4. Tag unconfirmed statutory citations with [VERIFY]
5. Attach required exhibits

Intake Fields

Field	Required	Source
Fund legal name, entity type, jurisdiction	Yes	Formation docs
Manager/GP name and address	Yes	Formation docs
Offering class/series (rights, fees)	Yes	PPM
Minimum subscription (waiver authority)	Yes	PPM
Subscription amount (USD, units/shares)	Yes	Investor input
Pricing mechanics (NAV date, unit price)	Yes	PPM
Acceptance authority (GP/manager/committee)	Yes	LPA/LLC
Capital calls (drawdown schedule, notice)	If applicable	LPA/LLC
Transfer restrictions (consent, lockups)	Yes	LPA/LLC
Governing law, forum	Yes	Client preference

Document Outline

1. Parties and Recitals
2. Definitions (align to fund docs)
3. Subscription Terms
4. Acceptance and Admission