Fund 428156
Fund 428156 is a venture capital fund organized in Cayman Islands and advised by DCM. Its adviser reported $708,975,282 in gross assets for the fund on Form ADV, filed Jul 31, 2024. It reported 80 beneficial owners, about 48% 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
- $708,975,282As reported on Form ADV
- Beneficial owners
- 80
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Venture capital fund
- Domicile
- Cayman Islands
- Auditor
- Deloitte&touche LLP
- Custodian
- First Citizens Bank and Trust Co.; Morgan Stanley Smith Barney LLC
- Adviser
- DCM · Menlo Park, CA · CRD 160285
- Reported on
- Jul 31, 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 428156
What is the minimum investment for Fund 428156?
Its adviser's Form ADV, filed Jul 31, 2024, does not set a minimum investment for Fund 428156. The offering documents may still require one.
Who can invest in Fund 428156?
Fund 428156 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 428156?
Its adviser reported $708,975,282 in gross assets on Form ADV filed Jul 31, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Fund 428156?
Fund 428156 is advised by DCM, based in Menlo Park, CA.
Who are Fund 428156's service providers?
Its Form ADV lists Deloitte&touche LLP as auditor.