Private Capital
Fund vs Deal-by-Deal Capital
A decision framework for choosing between deal-by-deal syndication and a discretionary fund: control, cost, investor expectations and the operating load each structure creates.
Reviewed
Library
Insights
Working notes on the capital function: structure, underwriting, fund operations, investor relations and the operating systems behind them.
Editorial standard
How this library is written
Each piece carries a byline, a publication date and a review date, cites primary sources where a claim depends on one, and states its limits. We publish method and analysis, not predictions or performance claims.
Articles are written by Felipe Soares, founder of RAW Capital Raise, and carry his byline and role on every piece, here and on the blog.
Articles
Published pieces
Private Capital
Building a Private Capital Program
A private capital program turns an ad hoc raise into a repeatable function: positioning, materials, investor pipeline, underwriting output, onboarding and reporting.
Reviewed
Investor Relations
The Investor Data Room
How to structure an investor data room that answers diligence in order, controls sensitive material and keeps a defensible record of what was shared and when.
Reviewed
Acquisitions & Underwriting
The Acquisition Mandate and the Buy Box
How to write an acquisition mandate and buy box that a broker can act on, an analyst can screen against and a committee can enforce — including the exclusions.
Reviewed
Private Markets
Fractional CIO vs Fractional CAO
The difference between fractional investment leadership and fractional acquisitions leadership — mandate, decision rights, deliverables and how to tell which gap you have.
Reviewed
Acquisitions & Underwriting
Why a Capital Problem Is Often an Underwriting Problem
When a raise stalls, the cause is frequently in the model: unsupported assumptions, missing downside cases and returns that only work at the edges.
Reviewed
Fund Formation & Operations
The Management Company Budget Before a Fund
Fund formation cost is the small number. Model the management company: recurring administration, audit, tax, compliance, staff and the gap before fee income arrives.
Reviewed
AEGIS OS / AI Operations
Sources of Truth Before AI
AI cannot resolve a disagreement about what is true. Define your systems of record, ownership, definitions and cadence before layering intelligence on top.
Reviewed
Case Notes / Field Lessons
How We Review a Deal
The method behind a RAW Capital Raise deal review: intake, structure, underwriting integrity, capital story, execution risk and a written recommendation.
Reviewed
Investor Relations
Investor Relations After the Raise
The reporting cadence, capital account clarity and communication discipline that determine whether existing investors fund your next transaction.
Reviewed
Real Estate
Structuring the Sponsor Capital Stack Without Losing Control
How real estate sponsors assemble senior debt, mezzanine, preferred equity and common equity — and where each layer quietly takes control rights away from the sponsor.
Reviewed
Real Estate
Building a Real Estate Track Record That Survives Diligence
What a sponsor track record has to contain to withstand institutional diligence: attribution, realisations, gross-to-net bridges, consistent methodology and honest treatment of losses.
Reviewed
Private Markets
How Allocators Evaluate a First-Time Manager
The four questions institutional allocators work through before committing to an emerging manager: attribution, strategy discipline, firm durability and operational integrity.
Reviewed
Private Markets
What Family Office Capital Actually Wants
Family offices are not small institutions. How their decision process, horizon, reporting expectations and relationship model differ — and what sponsors should change before approaching them.
Reviewed
Categories
What the library covers
Private Capital
Raising private capital as a repeatable function: vehicle selection, positioning, investor pipeline and the sequence that keeps a raise from stalling.
2 articles published.
Fund Formation & Operations
What has to exist before a fund is credible, and the operating discipline that carries it after first close.
1 article published.
Acquisitions & Underwriting
Mandates, buy boxes, screening discipline and the underwriting standards capital providers actually test.
2 articles published.
Investor Relations
Reporting cadence, capital account clarity and the mechanics of keeping investors informed between raises.
2 articles published.
Real Estate
Sponsor-side capital structure, deal-level economics and the operating infrastructure behind a real estate platform.
2 articles published.
Private Markets
How allocators, family offices and institutional capital evaluate managers, and what that means for a first-time sponsor.
3 articles published.
AEGIS OS / AI Operations
Sources of truth, decision cadence and the operating groundwork that has to precede any useful AI layer.
1 article published.
Case Notes / Field Lessons
Process notes from live work, written as method rather than as claims about outcomes.
1 article published.
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