From Missteps to Momentum — What Global Expansion Really Takes l Part 2

U.S. fund managers often treat European expansion as a structural task—set up the fund, check the box.

Success comes from treating it like a full-scale product launch: built around investor needs, powered by the right partners, and driven by a clear execution plan.

Here’s how to build momentum from day one:

– Start with your LPs

Structure, jurisdiction, and operations should match your target investor. Wealth vs.

institutional? EU vs. Asia? Build for who you’re serving.

– Choose execution-focused partners

AIFMs, ManCos, and Fund Admins should move at your pace, scale with you, and integrate with your team.

– Localize to build trust

European LPs may expect different timelines, diligence, and reporting. Meet them where they are.

– Assign ownership

Expansion isn’t part-time. Appoint a quarterback to align legal, ops, IR, and vendors under one roadmap.

– Think beyond launch

The real test is post-close. Will your setup scale as fundraising turns to operations?

In summary: A fund isn’t just a Diling, it’s a cross-border product that must be designed, positioned, and delivered with intent.

Next Up: Tools to simplify and accelerate global expansion.