Profounders Capital LP
Profounders Capital LP is a venture capital fund organized in Bermuda and advised by Profounders Capital Partners LLP. Its adviser reported $16,244,094 in gross assets for the fund on Form ADV, filed Jul 26, 2024. It reported 20 beneficial owners, about 40% of it owned by non-U.S. persons. The minimum investment it accepts is $66,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $16,244,094As reported on Form ADV
- Beneficial owners
- 20
- Minimum investment
- $66,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Venture capital fund
- Domicile
- Bermuda
- Auditor
- KPMG
- Administrator
- Krypton Fund Services (Bermuda) Limited
- Custodian
- HSBC Private Bank (Suisse) SA
- Adviser
- Profounders Capital Partners LLP · London, United Kingdom · CRD 209514
- Reported on
- Jul 26, 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 Profounders Capital LP
What is the minimum investment for Profounders Capital LP?
According to its adviser's Form ADV filed Jul 26, 2024, the minimum investment Profounders Capital LP accepts is $66,000.
Who can invest in Profounders Capital LP?
Profounders Capital LP 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 Profounders Capital LP?
Its adviser reported $16,244,094 in gross assets on Form ADV filed Jul 26, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Profounders Capital LP?
Profounders Capital LP is advised by Profounders Capital Partners LLP, based in London, United Kingdom.
Who are Profounders Capital LP's service providers?
Its Form ADV lists KPMG as auditor and Krypton Fund Services (Bermuda) Limited as administrator.