AFO Long Term Trust
AFO Long Term Trust is a venture capital fund organized in Cayman Islands and advised by AFO Limited. Its adviser reported $99,600,000 in gross assets for the fund on Form ADV, filed Feb 22, 2024. It reported 4 beneficial owners, about 100% of it owned by non-U.S. persons. The minimum investment it accepts is $1,000,000. 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
- $99,600,000As reported on Form ADV
- Beneficial owners
- 4
- Minimum investment
- $1,000,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Venture capital fund
- Domicile
- Cayman Islands
- Auditor
- MHA Macintyre Hudson Cayman LTD
- Administrator
- Stone Coast Fund Services LTD
- Custodian
- DBS Bank Limited; The Northern Trust International Banking Corporation; Airwallex (Hong Kong) Limited
- Adviser
- AFO Limited · Chicago, IL · CRD 310558
- Reported on
- Feb 22, 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 AFO Long Term Trust
What is the minimum investment for AFO Long Term Trust?
According to its adviser's Form ADV filed Feb 22, 2024, the minimum investment AFO Long Term Trust accepts is $1,000,000.
Who can invest in AFO Long Term Trust?
AFO Long Term Trust 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 AFO Long Term Trust?
Its adviser reported $99,600,000 in gross assets on Form ADV filed Feb 22, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages AFO Long Term Trust?
AFO Long Term Trust is advised by AFO Limited, based in Chicago, IL.
Who are AFO Long Term Trust's service providers?
Its Form ADV lists MHA Macintyre Hudson Cayman LTD as auditor and Stone Coast Fund Services LTD as administrator.