Operating costs of Investment Co.

New LLC for 2017. Three individual owners (1 foreign). This LLC is the management LLC for other LLCs that purchase business investments to eventually sell. The management LLC gave money to another LLC in 2017 that purchased the stock of another business. I'm preparing the LLC return for the management LLC. There are a lot of expenses and no income. Some expenses are clearly start-up and organizational costs. But there are a lot of other expenses (i.e. travel, meals, insurance, computer equipment, etc.). I assume many of these expenses were spent to investigate the purchase of the business in the other LLC. Should theses expenses be capitalized into the "investment" account on the balance sheet of the management co? I hope I explained this coherently.