Fund B
Fund B is a venture capital fund organized in Delaware, United States and advised by Matrix Partners India. Its adviser reported $14,801,659 in gross assets for the fund on Form ADV, filed Mar 28, 2024. It reported 18 beneficial owners, about 13% 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
- $14,801,659As reported on Form ADV
- Beneficial owners
- 18
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Auditor
- Ernst & Young LTD
- Custodian
- HSBC Bank USA; Icici Bank LTD
- Adviser
- Matrix Partners India · Coral Springs, FL · CRD 326059
- Reported on
- Mar 28, 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 B
What is the minimum investment for Fund B?
Its adviser's Form ADV, filed Mar 28, 2024, does not set a minimum investment for Fund B. The offering documents may still require one.
Who can invest in Fund B?
Fund B 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 B?
Its adviser reported $14,801,659 in gross assets on Form ADV filed Mar 28, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Fund B?
Fund B is advised by Matrix Partners India, based in Coral Springs, FL.
Who are Fund B's service providers?
Its Form ADV lists Ernst & Young LTD as auditor.