UK Syndicates: What is the legal structure for UK Syndicates?

The Syndicate Lead will invest directly into the startup. Backers co-invest alongside the lead on the same terms by signing a co-investment agreement. This co-investment agreement allows our Investment Manager, Larpent Newton, to invest in the Startup on behalf of the Backers.  Backers agree to pay the Lead and AngelList carry. 

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