FREQUENTLY ASKED QUESTIONS

These Frequently Asked Questions (FAQs) are for informational purposes only and do not replace or amend the Membership Agreement or the documents applicable to each transaction or structure, which shall prevail in all cases.

SPVs and Investment Vehicles

An SPV (Special Purpose Vehicle) is a vehicle created for one mission: to invest in a specific opportunity, hold it, and when an exit occurs, distribute the economic result to the participating members.

Under the Club's "no-dividends" policy, SPVs are generally not designed to pay periodic dividends. Investor returns are typically realised on exit, via the relevant redemption, capital reduction, liquidation or other exit mechanism of the vehicle used for that deal.

SPVs and Investment Vehicles

3.1What is an SPV in the 007i Club?

3.2Why does the 007i Club use SPVs?

3.3Who can invest via a 007i SPV?

3.4Is KYC/AML done per investment?

3.5What types of vehicles exist within the 007i structure?

3.6Which 007i vehicles are intended to be tax-transparent, and which are corporate / non-transparent?

3.7Why does the Club use a mix of vehicles rather than a single one?

3.8What is the main advantage of a Wyoming DAO LLC feeder in 007i?

3.9Will my name appear on public registers if I invest through a Club Wyoming DAO LLC feeder?

3.10Do I need to be an accredited investor to invest in the 007i Club?

3.11How do the Club's internal secondaries (buy-sell between members) work?

3.12Can members invest directly into Irish final-layer vehicles rather than through a Wyoming feeder?

3.13What is the main advantage of an Irish Limited (Ltd) with share classes?

3.14How does the tax logic work for an Irish Ltd with share classes?

3.15What is the role of the Irish Ltd acting as GP of a 1907 LP?

3.16What is the main advantage of a 1907 LP (Irish Limited Partnership)?

3.17Is a 1907 LP tax-transparent?

3.18What is the main advantage of an Irish prop trading company?

3.19How should the Irish prop trading company be understood from a tax and regulatory perspective?

3.20Can members invest directly into the Irish prop trading company?

3.21What documents does an investor sign to participate in a Club SPV?

3.22What does "vehicle-specific documents" mean in practice?

3.23How do taxes, withholdings and reporting work at a high level?

3.24Does the Wyoming feeder itself pay tax or withhold by default?

3.25Does the 1907 LP pay tax or withhold by default?

3.26Does the Irish share-class Ltd usually create company-level tax on exit?

3.27Does the Irish prop trading company pay tax or withhold by default?

3.28Why is there annual reporting if the Club does not pay dividends?