PD Cat LLC
PD Cat LLC is a venture capital fund organized in Delaware, United States and advised by Palm Drive Capital LLC. Its adviser reported $8,685,993 in gross assets for the fund on Form ADV, filed Feb 15, 2024. It reported 32 beneficial owners, about 80% of it owned by non-U.S. persons. The minimum investment it accepts is $2,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. It invests in other private funds (a fund of funds).
- Gross assets
- $8,685,993As reported on Form ADV
- Beneficial owners
- 32
- Minimum investment
- $2,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Custodian
- Midland Trust
- Adviser
- Palm Drive Capital LLC · New York, NY · CRD 284014
- Reported on
- Feb 15, 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 PD Cat LLC
What is the minimum investment for PD Cat LLC?
According to its adviser's Form ADV filed Feb 15, 2024, the minimum investment PD Cat LLC accepts is $2,000.
Who can invest in PD Cat LLC?
PD Cat 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 PD Cat LLC?
Its adviser reported $8,685,993 in gross assets on Form ADV filed Feb 15, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages PD Cat LLC?
PD Cat LLC is advised by Palm Drive Capital LLC, based in New York, NY.