New Generation Fund, LLC
New Generation Fund, LLC is a private fund (affordable housing fund) organized in Delaware, United States and advised by Forsyth Street Asset Management LLC. Its adviser reported $12,933,795 in gross assets for the fund on Form ADV, filed Mar 29, 2024. It reported 1 beneficial owner. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $12,933,795As reported on Form ADV
- Beneficial owners
- 1
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Private fundAFFORDABLE HOUSING FUND
- Domicile
- Delaware, United States
- Auditor
- Cohnreznick LLP
- Custodian
- Amalgamated Bank; U.S. Bank National Association
- Adviser
- Forsyth Street Asset Management LLC · New York, NY · CRD 310545
- 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 New Generation Fund, LLC
What is the minimum investment for New Generation Fund, LLC?
Its adviser's Form ADV, filed Mar 29, 2024, does not set a minimum investment for New Generation Fund, LLC. The offering documents may still require one.
Who can invest in New Generation Fund, LLC?
New Generation Fund, LLC 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 New Generation Fund, LLC?
Its adviser reported $12,933,795 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 New Generation Fund, LLC?
New Generation Fund, LLC is advised by Forsyth Street Asset Management LLC, based in New York, NY.
Who are New Generation Fund, LLC's service providers?
Its Form ADV lists Cohnreznick LLP as auditor.