Borderless Algo Fund I LP
Borderless Algo Fund I LP is a private equity fund organized in British Virgin Islands and advised by Borderless Management LLC. Its adviser reported $218,208,794 in gross assets for the fund on Form ADV, filed Mar 27, 2024. It reported 18 beneficial owners, about 90% of it owned by non-U.S. persons. The minimum investment it accepts is $300,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $218,208,794As reported on Form ADV
- Beneficial owners
- 18
- Minimum investment
- $300,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Private equity fund
- Domicile
- British Virgin Islands
- Auditor
- Cherry Baekert
- Administrator
- Stonegate Global Financial Advisors
- Custodian
- Copper Technologies (UK) Limited; Fireblocks Inc
- Adviser
- Borderless Management LLC · Clermont, FL · CRD 323404
- Reported on
- Mar 27, 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 Borderless Algo Fund I LP
What is the minimum investment for Borderless Algo Fund I LP?
According to its adviser's Form ADV filed Mar 27, 2024, the minimum investment Borderless Algo Fund I LP accepts is $300,000.
Who can invest in Borderless Algo Fund I LP?
Borderless Algo Fund I LP 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 Borderless Algo Fund I LP?
Its adviser reported $218,208,794 in gross assets on Form ADV filed Mar 27, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Borderless Algo Fund I LP?
Borderless Algo Fund I LP is advised by Borderless Management LLC, based in Clermont, FL.
Who are Borderless Algo Fund I LP's service providers?
Its Form ADV lists Cherry Baekert as auditor and Stonegate Global Financial Advisors as administrator.