Lerer Ventures III-B, LP
Lerer Ventures III-B, LP is a venture capital fund organized in Delaware, United States and advised by Lerer Hippeau Ventures Management, LLC. Its adviser reported $2,448,050 in gross assets for the fund on Form ADV, filed Mar 29, 2024. It reported 13 beneficial owners. The minimum investment it accepts is $20,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $2,448,050As reported on Form ADV
- Beneficial owners
- 13
- Minimum investment
- $20,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Auditor
- BDO USA, P.C.
- Administrator
- Aduro Advisors, LLC
- Custodian
- Morgan Stanley Smith Barney LLC; Square 1 Bank; Eshares, Inc. Dba Carta, Inc; Jpmorgan Chase & Co.
- Adviser
- Lerer Hippeau Ventures Management, LLC · New York, NY · CRD 162263
- Reported on
- Mar 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 Lerer Ventures III-B, LP
What is the minimum investment for Lerer Ventures III-B, LP?
According to its adviser's Form ADV filed Mar 29, 2024, the minimum investment Lerer Ventures III-B, LP accepts is $20,000.
Who can invest in Lerer Ventures III-B, LP?
Lerer Ventures III-B, LP 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 Lerer Ventures III-B, LP?
Its adviser reported $2,448,050 in gross assets on Form ADV filed Mar 29, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Lerer Ventures III-B, LP?
Lerer Ventures III-B, LP is advised by Lerer Hippeau Ventures Management, LLC, based in New York, NY.
Who are Lerer Ventures III-B, LP's service providers?
Its Form ADV lists BDO USA, P.C. as auditor and Aduro Advisors, LLC as administrator.