Richey May Capital Raising Education Series

Alternative Investments Educational Series

Our Capital Raising Education Series, where we delve into raising capital for fund managers, is a value-add educational series brought to you by the alternative investments experts at Richey May.

Our series is in collaboration with our team and industry experts to help emerging managers learn more about how to raise capital and launch a fund. Review all parts in the series and enhance your capital raising knowledge below.

Part 1: Rule 506B vs 506C: Which One is Right for You?

The exemption you choose shapes every marketing decision you make as a fund manager. From what you can say on your website to who you can talk to at a conference, the rules are more nuanced than most managers realize. Get clear on which path fits your fund, and what it unlocks.

Part 2: Allocating Money and the Due Diligence Process

Sophisticated allocators are looking at far more than your returns when they evaluate your fund. From conditional correlation testing to operational red flags that have killed real allocations, this session pulls back the curtain on how capital decisions actually get made. Know what is on the checklist before you walk into the room.

Part 3: Considerations for IRA Investment into Fund Structures

IRAs and 401(k)s hold over $27 trillion in assets, and most alternative fund managers never tap a dollar of it. This session breaks down how self-directed IRAs work, what a custodian actually does, and how to bring retirement capital into your fund compliantly. It is a capital channel sitting right in front of you.

Part 4: A Look Into CRM — What To Do With Investor Contacts

Every investor touchpoint is either building or eroding your credibility, and a CRM is the infrastructure that keeps you from dropping the ball. This session covers what to look for in a system built for fund managers, from pipeline tracking to investor portals to email engagement tools. The right CRM turns a contact list into a capital raising engine.

Part 5: What’s In Your Marketing Toolkit?

Your pitchbook is not your whole marketing strategy — it is one piece of a system that either works together or works against you. This session walks through the eight essential collateral items every fund manager needs, why consistency across all of them matters more than most managers think, and how compliance shapes what you can actually say. Leave knowing exactly what to audit and what to fix.

Part 6: The Perfect Pitchbook

Most pitchbooks answer the wrong question, and allocators notice immediately. This session breaks down what sophisticated investors actually want to see, how to structure a deck that stands alone without a verbal presentation, and why owning your track record honestly is one of the most powerful things you can do. Build a book that earns the next meeting.

Part 7: Contributed Securities

Investors with highly appreciated securities may be able to bring capital into your fund without triggering an immediate tax event, and most managers have never offered this as an option. This session covers the diversification test, what needs to be tracked on every tax lot, and the coordination required between your fund admin and CPA to execute it correctly. It is a tool worth adding to your capital raising conversation.

Part 8: Rule 506b vs 506c — A Legal Deep Dive

Fund attorney Brent Gillett of Investment Law Group breaks down the legal mechanics behind Reg D in plain language, from verification requirements and Form D filings to the compliance pitfalls that catch managers off guard. Whether you are evaluating a switch from 506(b) to 506(c) or want to understand exactly what you can and cannot say publicly, this session gives you the legal grounding to move with confidence. Know the rules well enough to use them strategically. 

Part 9: The Human Edge in Capital Raising

AI can generate a pitchbook outline in seconds — but it cannot tell your story, articulate your edge, or convince an allocator to trust you with capital. This session from the team at ImageArb covers exactly where AI helps, where it hurts, and why the managers who invest in authentic, human-crafted messaging consistently outperform those who shortcut the process. Your differentiation is yours alone. Learn how to communicate it.

Alternative Investments Industry & Capital Raising Events Calendar

The best capital raising conversations happen in person. Our 2026 events calendar tracks the industry’s most relevant conferences, cap intro events, and networking opportunities, organized by month and searchable by location, so you can plan your year around the rooms that matter most. This is your starting point for building a conference strategy that puts you in front of the right allocators at the right time.

Have a capital raising question this series didn’t answer? Steve Vlasak works directly with fund managers across the alternative investments space and would be glad to connect. You can reach him at svlasak@richeymay.com.