Momentum for your fund and your next deal
Next Wave advises in two areas. Fund Advisory works with venture capital funds that want to invest using the Safer. M&A Advisory works with buyers and sellers of privately held companies. Both are separate from the venture studio, Fund I and the Investor Network.
Operators on your fund and on your deal
For venture capital fundsFund Advisory
Adviser or sub-adviser support for funds that invest with the Safer, covering program design, deal sourcing, diligence and studio projects.
Explore Fund Advisory
For buyers and sellersM&A Advisory
Buy-side and sell-side support for privately held companies, through an engagement route matched to each transaction.
Explore M&A AdvisoryPut the Safer to work inside your fund
Next Wave Capital Management, LLC acts as adviser or sub-adviser to venture capital funds that want to invest using the Safer.
Funds that work with us can also draw on the studio for sourcing, diligence and company building.
- Venture capital fund managers adding a Safer strategy
- GPs launching a fund built around the Safer
- LPs and GPs shaping a Safer program together
- 1
Safer program design
Structuring a Safer strategy for the fund, from instrument terms to how the program sits inside the portfolio.
- 2
Deal sourcing
Finding companies that suit the fund’s mandate and a Safer structure.
- 3
Diligence
Technical, commercial and operating diligence on prospective investments, with input from the operators behind the studio.
- 4
Studio projects
Companies an advised fund brings to the venture studio, evaluated for a studio partnership with embedded operators where there is a fit.
Buy side and sell side for private companies
We advise owners preparing to sell a privately held company and buyers looking for the right acquisition.
Every engagement follows one of the three routes below. The route depends on the transaction, and we agree it with you in writing before work begins.
Readiness, positioning and buyer mapping for owners of privately held companies.
Acquisition strategy, target mapping and diligence preparation for buyers.
Three engagement routes
- Route one
Exempt M&A advisory
For transactions that qualify for the federal and state exemptions for M&A advisers to privately held companies. Next Wave advises directly where those exemptions apply.
- Route two
With an affiliated broker-dealer
For transactions that need a registered broker-dealer. Any securities activity in these deals is handled by an affiliated broker-dealer.
- Route three
Consulting only
Strategy, readiness, valuation thinking, buyer and target mapping, and diligence preparation. Consulting fees are set in the engagement agreement and are not tied to a transaction closing.
Start an advisory conversation
Tell us which track fits and send a short note. A partner reads every one.
Advisory terms in brief
Fund advisory services are provided by Next Wave Capital Management, LLC as an exempt reporting adviser. Next Wave Capital Management, LLC is not a registered investment adviser, and its services are available only to qualifying venture capital funds.
Nothing on this page is an offer of securities, a solicitation of an offer to buy securities, or investment advice.
M&A engagements proceed only under an exemption that applies, through an affiliated broker-dealer, or as consulting. The route depends on the transaction.
The terms of every engagement are set in a written agreement. Nothing here promises an outcome, valuation, transaction or timeline.