Heseg, LLC
Heseg, LLC is a private equity fund organized in Delaware, United States and advised by Brandywine Managers, LLC. Its adviser reported $236,587,000 in gross assets for the fund on Form ADV, filed Apr 8, 2024. It reported 2 beneficial owners. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. It invests in other private funds (a fund of funds).
- Gross assets
- $236,587,000As reported on Form ADV
- Beneficial owners
- 2
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Private equity fund
- Domicile
- Delaware, United States
- Administrator
- Brandywine Trust Company, LLC
- Custodian
- Jpmorgan Chase Bank, N.A.; Brandywine Trust Company, LLC
- Adviser
- Brandywine Managers, LLC · Hockessin, DE · CRD 137388
- Reported on
- Apr 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 Heseg, LLC
What is the minimum investment for Heseg, LLC?
Its adviser's Form ADV, filed Apr 8, 2024, does not set a minimum investment for Heseg, LLC. The offering documents may still require one.
Who can invest in Heseg, LLC?
Heseg, 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 Heseg, LLC?
Its adviser reported $236,587,000 in gross assets on Form ADV filed Apr 8, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Heseg, LLC?
Heseg, LLC is advised by Brandywine Managers, LLC, based in Hockessin, DE.
Who are Heseg, LLC's service providers?
Its Form ADV lists Brandywine Trust Company, LLC as administrator.