First Commit Fund I LP
First Commit Fund I LP is a venture capital fund organized in British Virgin Islands and advised by First Commit Im Oü. Its adviser reported $27,781,060 in gross assets for the fund on Form ADV, filed Jun 12, 2024. It reported 32 beneficial owners, about 49% 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
- $27,781,060As reported on Form ADV
- Beneficial owners
- 32
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Venture capital fund
- Domicile
- British Virgin Islands
- Auditor
- Richey, May & Co. (Cayman)
- Administrator
- NAV Fund Adminstration Group
- Adviser
- First Commit Im Oü · Tallinn, Estonia · CRD 331797
- Reported on
- Jun 12, 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 First Commit Fund I LP
What is the minimum investment for First Commit Fund I LP?
Its adviser's Form ADV, filed Jun 12, 2024, does not set a minimum investment for First Commit Fund I LP. The offering documents may still require one.
Who can invest in First Commit Fund I LP?
First Commit Fund I LP 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 First Commit Fund I LP?
Its adviser reported $27,781,060 in gross assets on Form ADV filed Jun 12, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages First Commit Fund I LP?
First Commit Fund I LP is advised by First Commit Im Oü, based in Tallinn, Estonia.
Who are First Commit Fund I LP's service providers?
Its Form ADV lists Richey, May & Co. (Cayman) as auditor and NAV Fund Adminstration Group as administrator.