Can you give us a brief overview of Assure?
Can you walk us through the history of how sidecars and/or angel groups have handled (or mishandled) these syndication style investments in previous decades? What are the pros and cons of utilizing an SPV as an LP or individual investors? Do the lead investors on these SPVs make money upfront -- initiation fees, mgmt fees, broker/transaction fees? Do you see fund managers that use SPVs exclusively for pro ratas? What are the advantages here? What are the regulatory risks for sidecar funds? 
The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified