# Investor Pooling — SPV Without a Company | Psagot Equity > Pool investors through a trust that holds the investment itself: no incorporation, asset and cash under one roof, global onboarding. Canonical: https://psagotequity.co.il/investor-pooling-spv-israel ## Investor pooling through a dedicated trust, without a separate company. Pool your investors through a trust that holds the investment itself, doing the job of a special purpose vehicle (SPV). No company to incorporate, no articles to draft, no separate company to maintain year after year. The investment is executed and the asset is registered in the trustee’s name. Cash and asset under one roof, with investors onboarded from anywhere in the world. [Talk to an expert](https://psagotequity.co.il/contact) ### An SPV without the company. #### The trust is the vehicle Skip the incorporation. Keep the structure. A classic SPV means forming a company, drafting articles, maintaining it for years and winding it down at the end. Our structure does the same job through a trust agreement. Faster to set up, cheaper to run, nothing to liquidate when the investment exits. - No entity formation, no articles of association - Trust agreement defines members, rights and waterfall - No separate company to dissolve; the trust ends under its agreement after distributions and reporting are complete #### True custody We hold the cash and the asset. Both. Avoid SPV arrangements in Israel that hold the money while the shares sit somewhere else. Here the underlying asset is registered in Psagot Equity’s name and the cash account and custody arrangements are managed within the same service framework. One trustee, one record, one audit trail. - Shares or securities registered in Psagot Equity’s name - Cash account held at the same house - Asset and cash never separated across providers #### Four syndication structures, one vehicle However your syndicate is built, the structure fits. We support four common syndication structures: a group investing in a single target; an organizing entity syndicating investors across several targets; investors aggregated into one LP ticket in a fund, usually at the fund’s invitation; and co-investment syndicates organized by the fund itself alongside its own position. - Single-target syndication, or multi-target under one organizer - LP-ticket aggregation: many small tickets entering a fund as one - Fund-led co-investment vehicles alongside the fund’s position #### Investors from anywhere The most advanced investor onboarding in the market. Syndicates are global. Your members might be an Israeli angel, a US fund, a European family office and a holding company, all in the same vehicle. PEaX onboards them in parallel, each through the flow their type requires, with KYC, FATCA and CRS handled per investor. Investment documents are signed digitally and filed per deal. - Parallel digital onboarding, wherever the investor is - Tailored flows for individuals, entities and funds - FATCA and CRS classification and reporting handled per participant #### Transparent tax, controlled distribution Predictable tax. Controlled payouts. The tax treatment of the structure is reviewed in advance with tax advisers, based on the investment and the investors. Distributions follow the agreed entitlements and distribution terms. - Tax-transparent structure, documented before money moves - Distributions to investing members only, per the waterfall - Reporting at the SPV and member levels ### From deal to exit waterfall. #### Share the deal. The purpose, the organizer and the member list; we confirm the structure and terms. #### Trust executed, members onboarded. Trust agreement executed. The trust is the vehicle, so there is no incorporation step. Members onboard in parallel through PEaX, from anywhere in the world. #### Funds in, asset in custody. Funds received, the investment executed, and the asset registered in the trustee’s name. #### Ongoing documentation. Holdings, reporting and distributions documented on PEaX, through to the exit waterfall. ### Common questions Direct answers on investor pooling and the SPV trust. [Talk to an expert](https://psagotequity.co.il/contact) ### Related accounts and services #### Investor Group Account One pooled account with per-investor tracking, no trust layer. [See more — Investor Group Account](https://psagotequity.co.il/investor-group-account) #### Partnerships The GP/LP transaction account: raise, invest, distribute. [See more — Partnerships](https://psagotequity.co.il/partnership-account-gp-lp) #### Carried Interest (IVA) Carry distribution fully run for you: held, withheld and paid out. [See more — Carried Interest (IVA)](https://psagotequity.co.il/carried-interest-trustee) ### Building a syndicate? Talk to our team. We move at deal speed. [Talk to an expert](https://psagotequity.co.il/contact) --- Site index: https://psagotequity.co.il/llms.txt Agent instructions: https://psagotequity.co.il/agents.md