Development Venture IV
Development Venture IV is a real estate fund organized in Luxembourg and advised by AXA Reim Sgp. Its adviser reported $561,578,936 in gross assets for the fund on Form ADV, filed Mar 28, 2024. It reported 18 beneficial owners, about 93% of it owned by non-U.S. persons. The minimum investment it accepts is $30,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $561,578,936As reported on Form ADV
- Beneficial owners
- 18
- Minimum investment
- $30,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Real estate fund
- Domicile
- Luxembourg
- Auditor
- Mazars
- Custodian
- The Royal Bank of Scotland PLC, Luxembourg
- Adviser
- AXA Reim Sgp · Paris La Defense, France · CRD 282641
- Reported on
- Mar 28, 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 Development Venture IV
What is the minimum investment for Development Venture IV?
According to its adviser's Form ADV filed Mar 28, 2024, the minimum investment Development Venture IV accepts is $30,000,000.
Who can invest in Development Venture IV?
Development Venture IV 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 Development Venture IV?
Its adviser reported $561,578,936 in gross assets on Form ADV filed Mar 28, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Development Venture IV?
Development Venture IV is advised by AXA Reim Sgp, based in Paris La Defense, France.
Who are Development Venture IV's service providers?
Its Form ADV lists Mazars as auditor.