Icg5m
Icg5m is a venture capital fund organized in Cayman Islands and advised by IDG Capital Fund Management LTD. Its adviser reported $1,289,742,139 in gross assets for the fund on Form ADV, filed Mar 28, 2024. It reported 66 beneficial owners, about 47% 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
- $1,289,742,139As reported on Form ADV
- Beneficial owners
- 66
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Venture capital fund
- Domicile
- Cayman Islands
- Auditor
- Ernst & Young LTD.
- Custodian
- China International Capital Corporation Hong Kong Securities Limited; Morgan Stanley Bank Asia Limited; Silicon Valley Bank; Pacific Western Bank
- Adviser
- IDG Capital Fund Management LTD. · Hong Kong, Hong Kong · CRD 295635
- 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 Icg5m
What is the minimum investment for Icg5m?
Its adviser's Form ADV, filed Mar 28, 2024, does not set a minimum investment for Icg5m. The offering documents may still require one.
Who can invest in Icg5m?
Icg5m 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 Icg5m?
Its adviser reported $1,289,742,139 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 Icg5m?
Icg5m is advised by IDG Capital Fund Management LTD., based in Hong Kong, Hong Kong.
Who are Icg5m's service providers?
Its Form ADV lists Ernst & Young LTD. as auditor.