Adit Growth Equity, LLC
Adit Growth Equity, LLC is a private equity fund organized in Delaware, United States and advised by Adit Ventures Management, LLC. Its adviser reported $7,305,045 in gross assets for the fund on Form ADV, filed Mar 29, 2024. It reported 100 beneficial owners, about 8% of it owned by non-U.S. persons. The minimum investment it accepts is $500,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. It invests in other private funds (a fund of funds).
- Gross assets
- $7,305,045As reported on Form ADV
- Beneficial owners
- 100
- Minimum investment
- $500,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Private equity fund
- Domicile
- Delaware, United States
- Auditor
- Cohnreznick LLP
- Administrator
- NAV Consulting, Inc.
- Custodian
- Jpmorgan Chase Bank, National Association
- Adviser
- Adit Ventures Management, LLC · New York, NY · CRD 283262
- Reported on
- Mar 29, 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 Adit Growth Equity, LLC
What is the minimum investment for Adit Growth Equity, LLC?
According to its adviser's Form ADV filed Mar 29, 2024, the minimum investment Adit Growth Equity, LLC accepts is $500,000.
Who can invest in Adit Growth Equity, LLC?
Adit Growth Equity, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1).
How large is Adit Growth Equity, LLC?
Its adviser reported $7,305,045 in gross assets on Form ADV filed Mar 29, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Adit Growth Equity, LLC?
Adit Growth Equity, LLC is advised by Adit Ventures Management, LLC, based in New York, NY.
Who are Adit Growth Equity, LLC's service providers?
Its Form ADV lists Cohnreznick LLP as auditor and NAV Consulting, Inc. as administrator.