Investor & fund types · Core

Fund manager

Also called: investment manager

ELI5

The professional team managing a pool of investment money.

Used in conversation

“The fund manager is raising a second fund.”

Definition

The person or organisation responsible for investment decisions and operation of a fund.

Here “Fund manager” means: The person or organisation responsible for investment decisions and operation of a fund.

Pitch context

You will see “Fund manager” in fundraising decks, data rooms, term sheets and investor conversations when the discussion reaches investor & fund types.

Why it matters: In investor & fund types, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 6

Direct term-level sources and supporting source families.