Explorer Parent LLC
Explorer Parent LLC is a private equity fund organized in Cayman Islands and advised by First in Line Enterprises, Inc. Its adviser reported $91,000,000 in gross assets for the fund on Form ADV, filed Mar 25, 2024. It reported 87 beneficial owners, about 46% of it owned by non-U.S. persons. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $91,000,000As reported on Form ADV
- Beneficial owners
- 87
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Private equity fund
- Domicile
- Cayman Islands
- Auditor
- Armanino, LLP
- Adviser
- First in Line Enterprises, Inc. · Burlingame, CA · CRD 321207
- Reported on
- Mar 25, 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 Explorer Parent LLC
What is the minimum investment for Explorer Parent LLC?
Its adviser's Form ADV, filed Mar 25, 2024, does not set a minimum investment for Explorer Parent LLC. The offering documents may still require one.
Who can invest in Explorer Parent LLC?
Explorer Parent LLC 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 Explorer Parent LLC?
Its adviser reported $91,000,000 in gross assets on Form ADV filed Mar 25, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Explorer Parent LLC?
Explorer Parent LLC is advised by First in Line Enterprises, Inc., based in Burlingame, CA.
Who are Explorer Parent LLC's service providers?
Its Form ADV lists Armanino, LLP as auditor.