[Advisory] Providing legal advisory services regarding the establishment of a management participation type private collective investment scheme specializing in startup and venture. Law firm Veat

Law firm Veat provided legal consultation in the process of baseinvestments, an early-stage startup investment firm, forming a venture-focused private equity fund (startup venture PEF) called baseastring (hereinafter referred to as the "2nd fund").

This 2nd fund aims to provide practical assistance to startups from seed to Series A stages, not just investment, and aims to contribute to the development of the startup ecosystem through a virtuous cycle of investment. This aligns with Veat’s core philosophy of trusting clients' visions, supporting challenges, and growing together, and we were delighted to provide assistance.

In the case of PEF establishment, legal review of the "Act on Capital Markets and Financial Investment Business" and the Enforcement Decree thereof, as well as communication with LPs, the Financial Supervisory Service, and the Fair Trade Commission, are very important elements. Veat provides professional and efficient legal advice based on its abundant practical experience in this area.

If you need legal advice regarding the establishment of a private equity fund (PEF), please feel free to contact us. (View related article)

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Law firm Veat