NCP Verano LLC
NCP Verano LLC is a real estate fund organized in Delaware, United States and advised by Northlight Capital Partners. Its adviser reported $31,047,093 in gross assets for the fund on Form ADV, filed Mar 28, 2024. It reported 4 beneficial owners, about 63% 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
- $31,047,093As reported on Form ADV
- Beneficial owners
- 4
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Real estate fund
- Domicile
- Delaware, United States
- Auditor
- Plante & Moran, Pllc
- Administrator
- GEN II Fund Services, LLC
- Custodian
- First Republic Bank
- Adviser
- Northlight Capital Partners · Westport, CT · CRD 170112
- 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 NCP Verano LLC
What is the minimum investment for NCP Verano LLC?
Its adviser's Form ADV, filed Mar 28, 2024, does not set a minimum investment for NCP Verano LLC. The offering documents may still require one.
Who can invest in NCP Verano LLC?
NCP Verano 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 NCP Verano LLC?
Its adviser reported $31,047,093 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 NCP Verano LLC?
NCP Verano LLC is advised by Northlight Capital Partners, based in Westport, CT.
Who are NCP Verano LLC's service providers?
Its Form ADV lists Plante & Moran, Pllc as auditor and GEN II Fund Services, LLC as administrator.