Africap, LLC
Africap, LLC is a private fund (private venture fund) organized in Delaware, United States and advised by FCA Corp. Its adviser reported $41,970,323 in gross assets for the fund on Form ADV, filed Dec 24, 2024. It reported 49 beneficial owners, about 2% of it owned by non-U.S. persons. The minimum investment it accepts is $5,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $41,970,323As reported on Form ADV
- Beneficial owners
- 49
- Minimum investment
- $5,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Private fundPRIVATE VENTURE FUND
- Domicile
- Delaware, United States
- Auditor
- Melton & Melton, L.L.P.
- Custodian
- Raymond James & Associates, Inc.; Amegy Bank National Association; Stellar Bank; First Capital Bank
- Adviser
- FCA Corp · Houston, TX · CRD 110658
- Reported on
- Dec 24, 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 Africap, LLC
What is the minimum investment for Africap, LLC?
According to its adviser's Form ADV filed Dec 24, 2024, the minimum investment Africap, LLC accepts is $5,000.
Who can invest in Africap, LLC?
Africap, 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 Africap, LLC?
Its adviser reported $41,970,323 in gross assets on Form ADV filed Dec 24, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Africap, LLC?
Africap, LLC is advised by FCA Corp, based in Houston, TX.
Who are Africap, LLC's service providers?
Its Form ADV lists Melton & Melton, L.L.P. as auditor.