BFV Smilo Fund, LLC
BFV Smilo Fund, LLC is a venture capital fund organized in Delaware, United States and advised by BFV Management LLC. Its adviser reported $250,000 in gross assets for the fund on Form ADV, filed Sep 9, 2024. It reported 2 beneficial owners. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $250,000As reported on Form ADV
- Beneficial owners
- 2
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Administrator
- Carta Investor Services, Inc.
- Custodian
- Carta Investor Services, Inc.
- Adviser
- BFV Management LLC · Austin, TX · CRD 311838
- Reported on
- Sep 9, 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 BFV Smilo Fund, LLC
What is the minimum investment for BFV Smilo Fund, LLC?
Its adviser's Form ADV, filed Sep 9, 2024, does not set a minimum investment for BFV Smilo Fund, LLC. The offering documents may still require one.
Who can invest in BFV Smilo Fund, LLC?
BFV Smilo Fund, 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 BFV Smilo Fund, LLC?
Its adviser reported $250,000 in gross assets on Form ADV filed Sep 9, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages BFV Smilo Fund, LLC?
BFV Smilo Fund, LLC is advised by BFV Management LLC, based in Austin, TX.
Who are BFV Smilo Fund, LLC's service providers?
Its Form ADV lists Carta Investor Services, Inc. as administrator.