Fund structure and roles

KYC (Know Your Customer)

KYC (know your customer) is the set of identity and related checks a fund uses when onboarding investors and to meet financial-crime compliance requirements. A fund may also collect tax information and assess your eligibility during subscription, but accredited-investor verification is a separate requirement.

Example: A fund may ask for your identification and information about the source of the money you’re investing.

Back to the glossary

Knowing the language helps you follow the conversation. Knowing what to ask is how you participate in it.

Understanding the terms is a first step. The Aligned Capital Program uses them to teach you how to evaluate a fund and prepare the questions to ask its manager.

Explore the Aligned Capital Program