> For the complete documentation index, see [llms.txt](https://alludium.gitbook.io/alludium-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://alludium.gitbook.io/alludium-docs/venture-capital/ic-closing-and-portfolio-handoff.md). # IC, Closing, and Portfolio Handoff When a VC Deal Room advances beyond evaluation, the workflow shifts from evidence gathering to decision preparation, transaction coordination, and post-investment handoff. ## Decision Review And IC Decision review tasks help prepare the team for partner review or investment committee. Common outputs include: * Team review pack * Partner review pack * IC memo * IC agenda * IC memo review * IC decision record The decision record should capture the outcome, decision options considered, conditions, unresolved risks, and follow-up tasks. It should also preserve the evidence trail used to support the decision. ## Deal Structuring Deal structuring work can include deal-term analysis, term-sheet review, and negotiation tracking. These tasks should work from the current term sheet or proposed terms and should distinguish commercial negotiation points from legal or counsel-owned questions. Use Deal Room fields and files to keep current proposed investment amount, valuation, round size, term-sheet artifacts, open commercial terms, and approval state visible. ## Formal Legal And Document Review Legal tasks can help coordinate diligence, review investment documents, maintain trackers, and surface questions for counsel. They should not imply legal advice or counsel approval unless that has been explicitly provided in the source material. Useful source material includes legal data-room files, counsel notes, investment documents, term-sheet versions, conditions precedent, corporate records, and closing workplans. ## Closing Closing work can include: * Managing the closing checklist * Verifying conditions precedent * Coordinating capital call and completion * Tracking legal document status * Maintaining transaction bible or completion bundle references Closing tasks should make ownership, blockers, and required approvals explicit. ## Portfolio Handoff After investment approval or closing, use portfolio handoff work to prepare onboarding. A useful handoff includes the board representative, reporting cadence, active conditions, onboarding readiness, key risks, operating priorities, and the initial portfolio plan. The goal is to keep the investment context from disappearing after the transaction closes. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://alludium.gitbook.io/alludium-docs/venture-capital/ic-closing-and-portfolio-handoff.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.