Nitpicking, but at least in the US, you dont "own" a fund.
Instead, many limited partners LPs are contributing members and the GP has control of the day to day even though he rarely contributes in any significant %
No one owns that structure. The GP controls it but at the mercy of the LPs for any major decision.
If you truly had an individual owner of a "fund" , this most likely is describing some other structure like a family office, for example.
Thank you for your clarification. I was aware that a VC fund isn't as simple in structure as having an individual 'own' it, but I was using some shorthand. Maybe 'manage' would've been closer to the mark.
