Localglobe XII, L.P.
Localglobe XII, L.P. is a venture capital fund organized in Guernsey and advised by Phoenix Court Fund Management Limited. Its adviser reported $208,767,205 in gross assets for the fund on Form ADV, filed Mar 29, 2024. It reported 70 beneficial owners, about 70% 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
- $208,767,205As reported on Form ADV
- Beneficial owners
- 70
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Venture capital fund
- Domicile
- Guernsey
- Auditor
- Deloitte LLP
- Administrator
- HFL Limited
- Adviser
- Phoenix Court Fund Management Limited · CRD 325921
- 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 Localglobe XII, L.P.
What is the minimum investment for Localglobe XII, L.P.?
Its adviser's Form ADV, filed Mar 29, 2024, does not set a minimum investment for Localglobe XII, L.P. The offering documents may still require one.
Who can invest in Localglobe XII, L.P.?
Localglobe XII, L.P. 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 Localglobe XII, L.P.?
Its adviser reported $208,767,205 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 Localglobe XII, L.P.?
Localglobe XII, L.P. is advised by Phoenix Court Fund Management Limited.
Who are Localglobe XII, L.P.'s service providers?
Its Form ADV lists Deloitte LLP as auditor and HFL Limited as administrator.