Nextgen Penrose, LLC
Nextgen Penrose, LLC is a private fund (venture fund) organized in Delaware, United States and advised by Brown Advisory Investment Solutions Group LLC. Its adviser reported $0 in gross assets for the fund on Form ADV, filed May 17, 2024. It reported 16 beneficial owners. The minimum investment it accepts is $10,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $0As reported on Form ADV
- Beneficial owners
- 16
- Minimum investment
- $10,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Private fundVENTURE FUND
- Domicile
- Delaware, United States
- Custodian
- U.S. Bancorp
- Adviser
- Brown Advisory Investment Solutions Group LLC · Baltimore, MD · CRD 124612
- Reported on
- May 17, 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 Nextgen Penrose, LLC
What is the minimum investment for Nextgen Penrose, LLC?
According to its adviser's Form ADV filed May 17, 2024, the minimum investment Nextgen Penrose, LLC accepts is $10,000.
Who can invest in Nextgen Penrose, LLC?
Nextgen Penrose, 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 Nextgen Penrose, LLC?
Its adviser reported $0 in gross assets on Form ADV filed May 17, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Nextgen Penrose, LLC?
Nextgen Penrose, LLC is advised by Brown Advisory Investment Solutions Group LLC, based in Baltimore, MD.
Other funds advised by Brown Advisory Investment Solutions Group LLC
- Brown Advisory Global Managers Fund$377M
- Brown Advisory Alternative Strategies Fund$113M
- Global Equity Series$71.8M
- Brown Advisory Private Equity Partners VI$70.9M
- Brown Advisory Nextgen Opportunity Fund I, LLLP$46.3M
- Brown Advisory Real Estate Partners I (QP)$38.2M
- Hedge Fund Series$32.4M
- Brown Advisory Investors - Crc Core Multifamily Feeder Fund, LLLP$30.4M