Also known as set-up costs, these charges are incurred at the launch of a vehicle, and do not relate to the portfolio acquisition and financing structure. These include organisational costs (typically legal & notary services) as well as syndication costs, various marketing costs, including printing / publication, and initial subscription fees.
Global Definitions Database
Vehicle formation costs
Source: Global | Date: 23 March 2020 | ID: D0340 | Version: 4
Synonyms:
Set-up Costs
Child terms
Set-up costs
See definition vehicle formation costs.
Marketing costs
See definition vehicle formation costs.