| A | B | C | D | E | F | G | H | |
|---|---|---|---|---|---|---|---|---|
1 | Best for one-off deals Syndicate | Most popular | Best for Syndicates completing 4+ deals per year Syndicate Plus | Best for Fund Managers and Syndicates deploying > £10m per year Institutional | |||||
2 | Legal Structure | United Kingdom Bare Trust | United Kingdom Bare Trust | United Kingdom Bare Trust, or Limited Partnership [UK, EU, Delaware], or Offshore [BVI] | ||||
3 | Branded Master Legal Entity | No 'Odin Investments Limited' appears on the cap table | Yes Your Syndicate name appears on the cap table as '[Syndicate Name] SPV Limited'. You can re-use this master entity for multiple deals, with a sub-agreement for each specific SPV | Yes Your Syndicate or Fund name appears on the cap table as '[Syndicate/Fund Name] SPV' | ||||
4 | % Fee per Deal Fees paid once on deal close only, and billed in the currency of the deal itself | 4% | Speak to sales | |||||
5 | Fee Minimum per Deal | £4,000 | €5,000 | $6,000 | ||||
6 | What's Included? | Trading via Talbot Capital Limited, which is authorised and regulated by the Financial Conduct Authority [FCA] Ongoing custody of investor money and assets with a regulated custodian [FCA] Up to 30 investors per deal US Investors [inc. PFIC/FATCA filings] S/EIS certificate distribution CRS reporting KYC and AML Banking and payments Lifetime administration and distributions Customer support from 9AM to 6PM on weekdays Ability to charge deal fees to investors Variable carry amounts for different investors Variable carry recipients for different deals or investors Syndicate communication tools Full exit / wind down of the SPV | Everything in Syndicate, and: Capped per-deal fees Branded legal entity Dedicated WhatsApp group with Odin Team for rapid support Dedicated Customer Success Manager "Super Syndicate" functionality Hurdle rates on carry and accelerated carry structures Unlimited number of investors per deal | |||||
7 | Rolling Closes (per ADDITIONAL close - first close as per the Deal Sheet) | £2k minimum 4% fee £10k cap per close | €2.5k minimum 4% fee €13k cap per close | $3k minimum 4% fee $14k cap per close | £1.5k minimum 3.5% fee £9k cap per close | €2k minimum 3.5% fee €11k cap per close | $2.5k minimum 3.5% fee $12k cap per close | |
8 | Secondary Transfers of SPV interest, partial exits | £1k per investor minimum 2% fee £3k per investor cap per transaction | £1k per investor minimum 2% fee £3k per investor cap per transaction | |||||
9 | Deals in Germany, Czech Republic (or other countries that require Notarisation and/or Apostille) If your deal requires notarisation upon close or conversion, please agree who will be paying these fees in advance | £2.5k / €3k / $3.5k for a fully notarised and apostilled broad power of attorney for all future corporate actions excluding exits/share transfers. Additional notarised documentation (if requested by the company post-close) costs £2k / €2.5k / $3k per event | £2.5k / €3k / $3.5k for a fully notarised and apostilled broad power of attorney for all future corporate actions excluding exits/share transfers. Additional notarised documentation (if requested by the company post-close) costs £2k / €2.5k / $3k per event | |||||