AltMountain

Founders SPC, LP

Organized in Delaware, United States · Advised by Founders Fund LLC · Private fund ID 805-7215724161
Venture capital fund

Founders SPC, LP is a venture capital fund organized in Delaware, United States and advised by Founders Fund LLC. Its adviser reported $954,990 in gross assets for the fund on Form ADV, filed Mar 29, 2024. It reported 11 beneficial owners. The minimum investment it accepts is $2,500. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.

Gross assets
$954,990As reported on Form ADV
Beneficial owners
11
Minimum investment
$2,500
Who can invest
Accredited investorsSection 3(c)(1): up to 100 owners
Fund type
Venture capital fund
Domicile
Delaware, United States
Custodian
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Adviser
Founders Fund LLC · SAN Francisco, CA · CRD 155462
Reported on
Mar 29, 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 Founders SPC, LP

What is the minimum investment for Founders SPC, LP?

According to its adviser's Form ADV filed Mar 29, 2024, the minimum investment Founders SPC, LP accepts is $2,500.

Who can invest in Founders SPC, LP?

Founders SPC, 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 Founders SPC, LP?

Its adviser reported $954,990 in gross assets on Form ADV filed Mar 29, 2024. Gross assets include borrowed money and are not the same as net assets or performance.

Who manages Founders SPC, LP?

Founders SPC, LP is advised by Founders Fund LLC, based in SAN Francisco, CA.

Other funds advised by Founders Fund LLC