Investor & fund types · Working

Opportunity fund

Also called: growth opportunity fund

ELI5

Extra capital for later investments in selected companies.

Used in conversation

“The opportunity fund led the portfolio company's growth round.”

Definition

A fund raised to make follow-on or later-stage investments, often in strong companies from an existing portfolio.

Here “Opportunity fund” means: A fund raised to make follow-on or later-stage investments, often in strong companies from an existing portfolio.

Pitch context

You will see “Opportunity fund” 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.