1sp Emerging Manager U1 LP
1sp Emerging Manager U1 LP is a real estate fund organized in Delaware, United States and advised by 1 Seed Partners LLC. Its adviser reported $70,351,975 in gross assets for the fund on Form ADV, filed Mar 20, 2024. It reported 4 beneficial owners. The minimum investment it accepts is $1,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. It invests in other private funds (a fund of funds).
- Gross assets
- $70,351,975As reported on Form ADV
- Beneficial owners
- 4
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Real estate fund
- Domicile
- Delaware, United States
- Auditor
- Plante & Moran Pllc
- Administrator
- Ss&c Private Equity Services Inc.
- Custodian
- Signature Bank
- Adviser
- 1 Seed Partners LLC · Chicago, IL · CRD 329288
- Reported on
- Mar 20, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about 1sp Emerging Manager U1 LP
What is the minimum investment for 1sp Emerging Manager U1 LP?
According to its adviser's Form ADV filed Mar 20, 2024, the minimum investment 1sp Emerging Manager U1 LP accepts is $1,000,000.
Who can invest in 1sp Emerging Manager U1 LP?
1sp Emerging Manager U1 LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7).
How large is 1sp Emerging Manager U1 LP?
Its adviser reported $70,351,975 in gross assets on Form ADV filed Mar 20, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages 1sp Emerging Manager U1 LP?
1sp Emerging Manager U1 LP is advised by 1 Seed Partners LLC, based in Chicago, IL.
Who are 1sp Emerging Manager U1 LP's service providers?
Its Form ADV lists Plante & Moran Pllc as auditor and Ss&c Private Equity Services Inc. as administrator.