Floating Point I, L.P.
Floating Point I, L.P. is a venture capital fund organized in Delaware, United States and advised by Floating Point Advisors LLC. Its adviser reported $72,543,827 in gross assets for the fund on Form ADV, filed Apr 30, 2024. It reported 85 beneficial owners, about 10% of it owned by non-U.S. persons. The minimum investment it accepts is $10,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $72,543,827As reported on Form ADV
- Beneficial owners
- 85
- Minimum investment
- $10,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Auditor
- Frank, Rimmerman & Co.
- Administrator
- Aduro Advisors, LLC
- Adviser
- Floating Point Advisors LLC · CRD 310440
- Reported on
- Apr 30, 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 Floating Point I, L.P.
What is the minimum investment for Floating Point I, L.P.?
According to its adviser's Form ADV filed Apr 30, 2024, the minimum investment Floating Point I, L.P. accepts is $10,000.
Who can invest in Floating Point I, L.P.?
Floating Point I, L.P. 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 Floating Point I, L.P.?
Its adviser reported $72,543,827 in gross assets on Form ADV filed Apr 30, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Floating Point I, L.P.?
Floating Point I, L.P. is advised by Floating Point Advisors LLC.
Who are Floating Point I, L.P.'s service providers?
Its Form ADV lists Frank, Rimmerman & Co. as auditor and Aduro Advisors, LLC as administrator.