Free private markets document generator
Investment Committee Memo
Create an institutional LP private equity or venture capital investment committee memo with fund-underwriting inputs and Word or PDF export. Build an institutional LP investment committee memo from the fund's underwriting assumptions, terms, risks and portfolio fit.
What this generator covers
Inputs used by the document
- Fund & strategy: Fund name, Fund size, Strategy, Geographic focus, Sector focus
- Investment case: Commitment considered, Target return, Target portfolio companies, Typical check size
- Alignment & terms: GP commitment, Management fee, Carried interest, Key-person provisions
- Evidence & portfolio fit: Track record, Manager overview, Portfolio construction, Key risks, Portfolio fit
01
Executive summary
We recommend a $25m commitment to Series A/B Venture Fund, a $750m vehicle focused on Series A/B venture. The fund targets 3.0x / 25% net IRR and offers meaningful GP alignment through a 2% GP commitment.
02
Investment thesis
The opportunity is to access a focused early-growth strategy where product-market fit is emerging and scalable companies are positioned for durable leadership. The investment case rests on manager selection, concentrated underwriting and active support after investment.
03
Manager overview
A partnership of experienced operators and investors with complementary sourcing, company-building and portfolio-support capabilities.
04
Strategy
The fund invests in Series A/B venture across North America, with emphasis on enterprise software, fintech and deep tech. It seeks to lead or co-lead financings at the inflection point between early product validation and repeatable growth.
05
Track record
Funds I-IV; 68 companies, 22 realizations, 18% net IRR and 2.2x net TVPI.
06
Portfolio construction
A diversified portfolio across sectors and business models, with concentration limits at company and sector level. The strategy expects to build a portfolio of 18-22 companies, with $20-35m initial investments and reserves for follow-on participation.
07
Terms
The proposed economics are a 2% management fee and 20% carried interest. The GP is committing 2% alongside LPs. Two named founders; key-person suspension and replacement rights.
08
Risks
Key risks include valuation, concentration, macroeconomic conditions and execution at the portfolio-company level. These risks should be monitored through pacing discipline, diversification, reference work and the negotiated governance package.
09
Portfolio fit
Increases exposure to high-conviction Series A/B venture while maintaining the portfolio's preferred manager diversification.
10
Recommendation
Approve a $25m commitment to Series A/B Venture Fund, subject to final legal documentation, reference confirmation and customary closing conditions. The recommendation reflects the expected 3.0x / 25% net IRR outcome, alignment and portfolio role described above.
How to use this document generator
Review the example assumptions, replace them with information from your own investment process, and check every statement against the governing documents and source data. The interactive version updates the draft immediately and can export it to Word or PDF without a login.
Template transparency
Draft status
This template creates an editable first draft. Review every statement against source data and governing documents.
Privacy and export
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Scope
This is a practical starting point, not legal, tax, or investment advice.
Template 1.0 · Reviewed 13 August 2026