Investing into SPVs as a fund

Dear lazyweb — do we know if an SPV/Syndicate can invest into a fund? I can’t seem to find a definitive answer online.
  • Taylor Schaude: Yes, but I believe you need to make an amendment to the LPA that specifically calls this out. Did this years ago so a little fuzzy on the details
  • Jared Schwitzke: Thanks Taylor! I heard a response in another forum that the SPV investors count against the fund’s LP base as well. All in all, it does not look like the best option.
  • Halle Kaplan-Allen: good thread on this here!
  • David Teten: suggest ask Rob Lusk rob@sydecar.io