Brellaqivor
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Schedule a confidential discussion about your allocation objectives
The team reviews each inquiry individually and responds within one business day. Whether
you are evaluating your first direct participation or comparing structures across
multiple sponsors, the conversation begins with understanding your specific constraints
and preferences. No generic presentations, no pressure to commit before you are ready.
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How fees work
Fee structures vary by sponsor and transaction type. Some opportunities carry no additional charges beyond the underlying fund economics, while others include a modest placement or monitoring fee. Brellaqivor discloses all costs upfront before any commitment is requested. Participants should also account for their own legal and tax advisory expenses, which fall outside the sponsor arrangement. The key is comparing net expected outcomes across options, not headline rates alone. A structure with lower stated fees but weaker alignment may produce worse results than one with transparent, performance-linked compensation.
Who qualifies
Eligibility depends on regulatory thresholds, sponsor minimums, and the
participant's capacity to evaluate concentrated, illiquid exposure. Accredited
status under Canadian securities law is typically required, though specific deals
may impose additional criteria.
Beyond regulatory labels, suitability matters. Participants should have experience with private structures, a time horizon matching the expected hold period, and liquidity elsewhere in their allocation to absorb the locked-up nature of these commitments.
Deal structures
Common formats for direct participation
Side-by-side equity
Participants invest directly into the acquisition vehicle on the same terms as
the sponsoring fund, sharing proportionally in distributions, governance rights,
and exit proceeds without layered fee structures.
Preferred equity strips
A layered structure where participants receive a priority return before certain
other equity classes, altering the risk-return profile while maintaining direct
exposure to the underlying asset performance.
Limited partnership units
Participants join as limited partners in a purpose-built vehicle, with rights and obligations defined in the partnership agreement and distributions governed by the waterfall specified therein.
Syndicated co-investments
Multiple participants pool commitments through an aggregator or lead investor, gaining access to larger transactions while relying on a designated party to manage sponsor communications and administrative duties.
Tax considerations
Canadian tax treatment of direct private investments depends on the holding structure,
the nature of underlying income, and the participant's own circumstances. Some
vehicles generate capital gains eligible for preferential rates, while others distribute
interest or dividend income taxed at ordinary rates. Cross-border structures may involve
withholding obligations or treaty benefits. Brellaqivor does not provide tax advice and
encourages every participant to consult their own advisor before committing. The timing
of recognition also varies: some structures defer gain until exit, while others pass
through taxable income annually despite limited cash distributions. Understanding these
mechanics before signing documents prevents unwelcome surprises at filing time.
Common questions
Answers to inquiries the team receives most often from prospective participants
These responses reflect typical arrangements, though individual deals may differ. Always review the specific documents for any opportunity before making a commitment.
Minimum commitment
Thresholds vary by transaction, generally starting in the mid-six-figure range for individual participants.
Due diligence access
Participants receive the same materials reviewed by the sponsoring fund, subject to confidentiality obligations.
Reporting frequency
Quarterly updates are standard, with audited financials provided annually and ad-hoc notices for material events.
Exit timeline
Holding periods typically range from four to seven years, depending on sector dynamics and sponsor strategy.
Next steps
How to begin evaluating opportunities
Start with a brief conversation about your experience, liquidity position, and sector preferences. The team then flags relevant opportunities as they arise, with no obligation to participate. When a suitable deal surfaces, you receive the full diligence package and time to review with your own advisors before deciding.
Get started