Beshore: Adventur.es fund requires 75% LP vote to remove him
Brent Beshore · Brent Beshore - Micro Buyout Adventur.es (Capital Allocators, EP.79) · Dec 10, 2018 · at 57:16
Brent Beshore, founder and CEO of Adventur.es, discusses the governance rights and removal thresholds structured into his permanent capital fund.
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“And I think how we structured the fund, it's a true blind pool. There's no control. I mean, I think you know, the only control that the investors have is they have to 75% vote, I think. I think that's what it is. 75% level have to vote to remove me, and I'm 15% LP, right?”
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