# Owl Ventures V, LP # Owl Ventures V, LP
**New Category**LP
**Investment Manager**Owl Ventures
**Fund Status**
**Archive**No
**Custodian**Dynamo
**Jurisdiction**USA
**T1135 Reporting**Yes
**Currency**USD
**Tax Slip**K-1
**Receiver** **of Tax Receipt**RFO/Client
**Tax Slips Expected** April
**Statements Expected** Quarterly
**Accounting** **Treatment**When contributions are made, you will increase the ACB of the investment. When distributions are received you will decrease the ACB of the investment. Pick up partnership income per K-1
**Tax Memo/** **Tax Treatment**Pick up income from K1. Capital gains will need to be canadianized. Ensure reduced treaty withholding rates apply.
**US Tax Return Required**No
**Type**Partnership
**Nature** **of Investment**Venture Capital fund focusing on educational technology
**Notes**