01
An investment mandate with detail
Put the thesis beside the portfolio rules so readers can understand what the fund intends to do.
- Investment strategy and target market
- Portfolio construction and reserve policy
- Fund-of-funds disclosure inputs
VC fund PPM software
Make the fund strategy and LP terms understandable.
Describe how you source, select, reserve for, and govern investments. PPMWizard brings venture and private equity fund inputs into a draft for fund counsel.
No card required. Export one offering for $29, or unlimited drafts and exports for $49/month while Pro is active.
Drafting software. Attorney review required before issuance. Legal and filing costs are separate.
Open a full fictional PPM sample
Illustrative draft inputs
Overland Ventures Fund I
Target raise
$25M
Minimum commitment
$100K
Your terms become an editable draft for counsel review.
Image and sample offering are illustrative.
Questions that fit your deal
Asset-specific inputs and editable narrative sections.
See the draft as you go
A connected on-screen preview before you pay.
Give counsel a working file
Paid Word and PDF exports for review and revision.
Try a few inputs
See how your deal takes shape on the page.
Change the example terms and watch the draft update. This simplified illustration shows the input-to-document workflow. Open the full demo to explore more of the actual workspace.
- 1
Define the investment strategy
Explain the fund thesis, stages, sectors, and intended investment process.
- 2
Describe portfolio construction
Record how the fund will allocate capital across initial and follow-on investments.
- 3
Record the decision process
Explain the people and governance behind investment selection.
PPMWizard workspace
Simplified interactive illustration
Try your terms
Change a term to update the draft excerpt and budget amounts. These demo edits stay on this page.
Draft excerpt
Updates as you typeVenture / Private Equity Fund · Private placement memorandum
Overland Ventures Fund I
The proposed offering targets $25,000,000 in commitments, with a minimum investment of $100,000. Final terms and disclosures require issuer and counsel review.
Target raise
$25,000,000
Minimum investment
$100,000
Venture / Private Equity Fund · Private placement memorandum
Overland Ventures Fund I
This illustrative budget allocates the $25,000,000 target across portfolio investments, reserves, and offering expenses. Adjust reserves below to see the composition change.
Venture / Private Equity Fund · Private placement memorandum
Overland Ventures Fund I
Example topics for Overland Ventures Fund I. Select, revise, and add disclosures with counsel for the actual offering.
- Portfolio performance and concentration
- Manager discretion and conflicts
- Illiquidity and loss of capital
Illustrative topics only. This is not a complete risk assessment.
- Portfolio investments · 80%
- $20,000,000
- Reserves · 15%
- $3,750,000
- Offering expenses · 5%
- $1,250,000
Illustrative budget inputs, not a return model or forecast. Edit the reserve percentage in Use of proceeds.
Nothing is saved or submitted. Attorney review required before issuance.
Read the full fictional sampleInside the vc fund workflow
The right questions, with room for the details.
02
Economics and governance in one draft
Record fee, carried-interest, distribution, and investment-process inputs for counsel to reconcile.
- Management-fee and carry inputs
- European or deal-by-deal waterfall inputs
- Investment-committee and governance fields
03
Room for negotiated fund terms
Use narrative and counsel markups for provisions that need bespoke legal drafting.
- Custom LP and fund disclosures
- Selectable fund risk topics
- Commitment and drawdown narrative
Make the numbers easier to review
Explain the sample reserve policy
The Overland sample reserves approximately half of a $25M fund for follow-on investments. The remaining budget includes initial investments and fund expenses.
Structured inputs organize the financial narrative. This chart illustrates sample inputs, rather than a built-in investment-performance forecast. Deal-specific models and calculations need separate validation.
Read the source sample- Follow-on reserve budget$12.5M
- Remaining fund budget$12.5M
Fictional planning inputs. The sample says approximately 50%; this graphic uses exactly 50% for illustration, not actual deployment or returns. Illustrative follow-on reserve = 50% of $25,000,000. Remaining budget = $25,000,000 minus that reserve.
The details, when you need them
What this starting point covers.
Review the workflow, fit, and boundaries with your team. Your attorney determines the final disclosure and document scope.
Browse the help centerWhat this PPM covers
The VC-fund framework covers the cover page, suitability, executive summary, GP track record, investment thesis, structured portfolio-construction inputs (stage focus, geography, check size, reserve ratio, and fund life), fees and carry, investment-committee inputs, risk factors, and subscription terms. The suggested risk library includes blind-pool, portfolio-concentration, follow-on-capital, valuation, fund-duration, and LP-default topics; nothing is selected automatically.
Bespoke institutional provisions, including detailed commitment and drawdown remedies, most-favored-nation rights, successor-GP mechanics, advisory-committee powers, and clawback drafting, belong in narrative or counsel markups and must be reconciled with the governing documents. PPMWizard does not represent that negotiated terms are generated automatically.
When to use this framework
Use it for a discretionary venture fund, including a new GP raising Fund I, an established manager raising a successor fund, a seed fund, or a sector-focused vehicle.
If the raise is for one identified company, compare the venture-SPV framework. A single-company vehicle and a discretionary multi-company fund present different concentration, governance, deployment, and duration questions for counsel.
Illustrative structure questions
A venture fund may use an LP or LLC, charge management fees and carried interest, include a GP commitment, and define a multi-year fund life with extension rights. Actual economics, commitment mechanics, and negotiated LP protections vary by manager and investor base; counsel must draft and reconcile those terms.
Open the output
Read a full draft before you start yours.
Fictional examples you can open without an account. Explore the layout, deal terms, disclosures, and supporting sections.
Overland VenturesConfidential draft
Private placement memorandum
Overland Ventures Fund I
United States, Pre-Seed / Seed
Target raise
$25M
Minimum
$100K
Reg D 506(c)2026 · Illustrative sample
506(c) · VC Fund
Emerging Manager Fund I, Pre-Seed
First-close emerging manager pre-seed fund investing in 30–40 portfolio companies across vertical SaaS and applied AI.
Read the full sampleAtlas Offshore PartnersConfidential draft
Private placement memorandum
Atlas European AI Fund (Cayman LP)
Offshore, Cayman Islands
Target raise
$30M
Minimum
$250K
Reg S2026 · Illustrative sample
Reg S · VC Fund (Cayman LP)
Reg S Offshore, European AI Fund
Offshore Cayman LP investing in European applied-AI Series A/B companies. Offered exclusively to non-US investors under Regulation S.
Read the full sampleStart with your deal
You have the terms.
Give them a working draft.
Draft and preview up to three offerings free. Add detail at your pace, then unlock exports when you are ready for counsel review.
One offering
Export package and later revisions to that offering.
$29once
Pro monthly
Unlimited drafts and supported exports while active.
$49/mo
USD software prices. Counsel, filing fees, other vendor charges, and any applicable taxes are separate.
A few practical questions
Before you start.
Does this cover venture and private equity funds?
The workflow provides core fund-strategy, portfolio, governance, fee, risk, and waterfall inputs for venture and private equity fund drafts. The manager and counsel must tailor the strategy and legal terms to the specific fund.
Will it generate a complete negotiated LP agreement?
No. PPMWizard creates a PPM draft, not a complete fund document set. Bespoke drawdown remedies, key-person provisions, clawbacks, side letters, and other negotiated protections require separate counsel drafting.
Does the fund workflow choose the securities exemption?
No. Asset workflow and securities-law framework are separate selections. Securities counsel must confirm the available exemption, investor eligibility, solicitation process, and filings before the offering is issued.