Document background
The Private Equity Subscription Agreement is a fundamental document used when investors (Limited Partners) commit capital to a private equity fund in the Netherlands. This agreement, governed by Dutch law and subject to supervision under the Financial Supervision Act (Wft), serves as the legal framework for establishing the investment relationship between the fund and its investors. It is typically used at the fund's initial closing or for subsequent closings when new investors join the fund. The document comprehensively addresses subscription mechanics, regulatory compliance, investor qualifications, and ongoing obligations of all parties. It must comply with Dutch corporate law requirements and European regulations, particularly the Alternative Investment Fund Managers Directive (AIFMD) as implemented in Dutch law. The agreement is essential for both Dutch domestic funds and international funds with Dutch investors or management entities.
