Matrix Novva LLC is a private investment fund based in New York. According to its most recent Form D, filed Apr 21, 2025, it has sold $12,285,000 of interests to 40 investors since its first sale in Apr 2025. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Seth Scher; Richard Fuld; Marc Scheuer.
- Total raised
- $12,285,000Cumulative sales reported on Form D
- Investors
- 40
- First sale
- Apr 7, 2025
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $5,000,001 - $25,000,000Self-reported
- Key people and entities
- Seth Scher; Richard Fuld; Marc Scheuer
- Latest Form D
- Apr 21, 2025
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Matrix Novva LLC
What is the minimum investment for Matrix Novva LLC?
According to its latest Form D, filed Apr 21, 2025, the minimum investment Matrix Novva LLC accepts from an outside investor is $100,000.
Who can invest in Matrix Novva LLC?
Matrix Novva 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). It uses Rule 506(b), which does not allow general advertising.
How much has Matrix Novva LLC raised?
Matrix Novva LLC reports $12,285,000 sold from 40 investors on its Form D filed Apr 21, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Matrix Novva LLC based?
Matrix Novva LLC is based in New York.
When did Matrix Novva LLC launch?
Matrix Novva LLC reports its first sale in Apr 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).