Generation Fund LLC
Generation Fund LLC is a private equity fund organized in Delaware, United States and advised by HLV Ventures. Its adviser reported $5,856,767 in gross assets for the fund on Form ADV, filed Oct 29, 2024. It reported 67 beneficial owners, about 1% of it owned by non-U.S. persons. The minimum investment it accepts is $15,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $5,856,767As reported on Form ADV
- Beneficial owners
- 67
- Minimum investment
- $15,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Private equity fund
- Domicile
- Delaware, United States
- Adviser
- HLV Ventures · Hauppauge, NY · CRD 332979
- Reported on
- Oct 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 Generation Fund LLC
What is the minimum investment for Generation Fund LLC?
According to its adviser's Form ADV filed Oct 29, 2024, the minimum investment Generation Fund LLC accepts is $15,000.
Who can invest in Generation Fund LLC?
Generation Fund LLC 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 Generation Fund LLC?
Its adviser reported $5,856,767 in gross assets on Form ADV filed Oct 29, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Generation Fund LLC?
Generation Fund LLC is advised by HLV Ventures, based in Hauppauge, NY.