For emerging managers looking to get to market and quickly build a reputation, and sans the admin burden of a full fund structure, SPVs are a viable option.
Last time on DiffuseTap, Remy Astie and Ulric Musset, Co-Founders of VAUBAN discussed the practical advantages that SPVs have over traditional funds (and vice versa), the coming wave of low-touch investment vehicles, and how fund managers will naturally transition from SPVs into full-fledged funds.