Simon Sez, LLC
Simon Sez, LLC is a venture capital fund organized in Delaware, United States and advised by 406 Ventures Management, LLC. Its adviser reported $3,016,999 in gross assets for the fund on Form ADV, filed Mar 21, 2024. It reported 6 beneficial owners. The minimum investment it accepts is $4,999,996. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $3,016,999As reported on Form ADV
- Beneficial owners
- 6
- Minimum investment
- $4,999,996
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Custodian
- Pacific Western Bank
- Adviser
- 406 Ventures Management, LLC · Boston, MA · CRD 162914
- Reported on
- Mar 21, 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 Simon Sez, LLC
What is the minimum investment for Simon Sez, LLC?
According to its adviser's Form ADV filed Mar 21, 2024, the minimum investment Simon Sez, LLC accepts is $4,999,996.
Who can invest in Simon Sez, LLC?
Simon Sez, 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 Simon Sez, LLC?
Its adviser reported $3,016,999 in gross assets on Form ADV filed Mar 21, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Simon Sez, LLC?
Simon Sez, LLC is advised by 406 Ventures Management, LLC, based in Boston, MA.