Fund 3.3
Fund 3.3 is a venture capital fund organized in California, United States and advised by Sierra Ventures Management III, L.L.C. Its adviser reported $269,389,500 in gross assets for the fund on Form ADV, filed Mar 8, 2024. It reported 45 beneficial owners, about 60% 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
- $269,389,500As reported on Form ADV
- Beneficial owners
- 45
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Venture capital fund
- Domicile
- California, United States
- Auditor
- BDO USA LLP
- Administrator
- Standish Management, LLC
- Custodian
- Silicon Valley Bank; Prolific Labs Incorporated D/B/A Pulley; Eshares, Inc. Dba Carta, Inc.
- Adviser
- Sierra Ventures Management III, L.L.C. · SAN Mateo, CA · CRD 163849
- Reported on
- Mar 8, 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 Fund 3.3
What is the minimum investment for Fund 3.3?
Its adviser's Form ADV, filed Mar 8, 2024, does not set a minimum investment for Fund 3.3. The offering documents may still require one.
Who can invest in Fund 3.3?
Fund 3.3 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 Fund 3.3?
Its adviser reported $269,389,500 in gross assets on Form ADV filed Mar 8, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Fund 3.3?
Fund 3.3 is advised by Sierra Ventures Management III, L.L.C., based in SAN Mateo, CA.
Who are Fund 3.3's service providers?
Its Form ADV lists BDO USA LLP as auditor and Standish Management, LLC as administrator.