Lowercase Industry Fund III, LLC
Lowercase Industry Fund III, LLC is a venture capital fund organized in Delaware, United States and advised by Lowercarbon Capital. Its adviser reported $6,881,331 in gross assets for the fund on Form ADV, filed Mar 27, 2024. It reported 4 beneficial owners. 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
- $6,881,331As reported on Form ADV
- Beneficial owners
- 4
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Auditor
- Frank, Rimerman + Co. LLP
- Administrator
- Aduro Advisors, LLC
- Custodian
- First Republic Bank
- Adviser
- Lowercarbon Capital · Jackson, WY · CRD 162946
- Reported on
- Mar 27, 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 Lowercase Industry Fund III, LLC
What is the minimum investment for Lowercase Industry Fund III, LLC?
Its adviser's Form ADV, filed Mar 27, 2024, does not set a minimum investment for Lowercase Industry Fund III, LLC. The offering documents may still require one.
Who can invest in Lowercase Industry Fund III, LLC?
Lowercase Industry Fund III, LLC 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 Lowercase Industry Fund III, LLC?
Its adviser reported $6,881,331 in gross assets on Form ADV filed Mar 27, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Lowercase Industry Fund III, LLC?
Lowercase Industry Fund III, LLC is advised by Lowercarbon Capital, based in Jackson, WY.
Who are Lowercase Industry Fund III, LLC's service providers?
Its Form ADV lists Frank, Rimerman + Co. LLP as auditor and Aduro Advisors, LLC as administrator.