Black Fund
Black Fund is a venture capital fund organized in Delaware, United States and advised by Kodiak Venture Partners. Its adviser reported $66,875,994 in gross assets for the fund on Form ADV, filed Mar 22, 2024. It reported 36 beneficial owners, about 37% of it owned by non-U.S. persons. The minimum investment it accepts is $250,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $66,875,994As reported on Form ADV
- Beneficial owners
- 36
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Auditor
- Edelstein
- Prime broker
- Stifel, Nicolaus & Company, Incorporated
- Custodian
- Stifel, Nicolaus & Company, Incorporated
- Adviser
- Kodiak Venture Partners · CRD 163120
- Reported on
- Mar 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 Black Fund
What is the minimum investment for Black Fund?
According to its adviser's Form ADV filed Mar 22, 2024, the minimum investment Black Fund accepts is $250,000.
Who can invest in Black Fund?
Black Fund 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 Black Fund?
Its adviser reported $66,875,994 in gross assets on Form ADV filed Mar 22, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Black Fund?
Black Fund is advised by Kodiak Venture Partners.
Who are Black Fund's service providers?
Its Form ADV lists Edelstein as auditor.