ADP I LP
ADP I LP is a private equity fund organized in Jersey and advised by Development Partners International LLP. Its adviser reported $11,410,423 in gross assets for the fund on Form ADV, filed Jul 28, 2024. It reported 20 beneficial owners, about 99% of it owned by non-U.S. persons. The minimum investment it accepts is $7,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $11,410,423As reported on Form ADV
- Beneficial owners
- 20
- Minimum investment
- $7,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Private equity fund
- Domicile
- Jersey
- Auditor
- KPMG Channel Islands LTD.
- Administrator
- Intertrust Fund Services (Jersey) Limited
- Custodian
- Motswedi Securities (Pty) Limited; Sanne Mauritius; Intertrust Fund Services (Jersey) Limited; Royal Bank of Scotland International
- Adviser
- Development Partners International LLP · London, United Kingdom · CRD 160177
- Reported on
- Jul 28, 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 ADP I LP
What is the minimum investment for ADP I LP?
According to its adviser's Form ADV filed Jul 28, 2024, the minimum investment ADP I LP accepts is $7,000,000.
Who can invest in ADP I LP?
ADP I 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 ADP I LP?
Its adviser reported $11,410,423 in gross assets on Form ADV filed Jul 28, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages ADP I LP?
ADP I LP is advised by Development Partners International LLP, based in London, United Kingdom.
Who are ADP I LP's service providers?
Its Form ADV lists KPMG Channel Islands LTD. as auditor and Intertrust Fund Services (Jersey) Limited as administrator.