Fund U
Fund U is a venture capital fund organized in Cayman Islands and advised by Matrix Partners China Management, LTD. Its adviser reported $334,000,000 in gross assets for the fund on Form ADV, filed Dec 2, 2024. It reported 43 beneficial owners, about 22% of it owned by non-U.S. persons. The minimum investment it accepts is $1,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $334,000,000As reported on Form ADV
- Beneficial owners
- 43
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Venture capital fund
- Domicile
- Cayman Islands
- Auditor
- Pricewaterhousecoopers
- Prime broker
- Morgan Stanley
- Custodian
- Citibank; Morgan Stanley Smith Barney LLC
- Adviser
- Matrix Partners China Management, LTD. · Singapore, Singapore · CRD 163224
- Reported on
- Dec 2, 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 U
What is the minimum investment for Fund U?
According to its adviser's Form ADV filed Dec 2, 2024, the minimum investment Fund U accepts is $1,000,000.
Who can invest in Fund U?
Fund U 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 U?
Its adviser reported $334,000,000 in gross assets on Form ADV filed Dec 2, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Fund U?
Fund U is advised by Matrix Partners China Management, LTD., based in Singapore, Singapore.
Who are Fund U's service providers?
Its Form ADV lists Pricewaterhousecoopers as auditor.