Is5
Is5 is a venture capital fund organized in Delaware, United States and advised by IDG Vc Management LTD. Its adviser reported $719,184,104 in gross assets for the fund on Form ADV, filed Mar 28, 2024. It reported 39 beneficial owners, about 76% 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
- $719,184,104As reported on Form ADV
- Beneficial owners
- 39
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Auditor
- Ernst & Young LLP
- Custodian
- Morgan Stanley Bank Asia Limited; Credit Suisse Securities (USA) LLC; Silicon Valley Bank; China International Capital Corporation Hong Kong Securities Limited
- Adviser
- IDG Vc Management LTD. · Hong Kong, Hong Kong · CRD 163297
- 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 Is5
What is the minimum investment for Is5?
Its adviser's Form ADV, filed Mar 28, 2024, does not set a minimum investment for Is5. The offering documents may still require one.
Who can invest in Is5?
Is5 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 Is5?
Its adviser reported $719,184,104 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 Is5?
Is5 is advised by IDG Vc Management LTD., based in Hong Kong, Hong Kong.
Who are Is5's service providers?
Its Form ADV lists Ernst & Young LLP as auditor.