Sofinnova Industrial Biotech I
Sofinnova Industrial Biotech I is a venture capital fund organized in France and advised by Sofinnova Partners. Its adviser reported $105,585,321 in gross assets for the fund on Form ADV, filed Mar 28, 2024. It reported 21 beneficial owners, about 100% of it owned by non-U.S. persons. The minimum investment it accepts is $40,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $105,585,321As reported on Form ADV
- Beneficial owners
- 21
- Minimum investment
- $40,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Venture capital fund
- Domicile
- France
- Auditor
- Pricewaterhousecoopers
- Custodian
- Société Générale
- Adviser
- Sofinnova Partners · Paris, France · CRD 164104
- Reported on
- Mar 28, 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 Sofinnova Industrial Biotech I
What is the minimum investment for Sofinnova Industrial Biotech I?
According to its adviser's Form ADV filed Mar 28, 2024, the minimum investment Sofinnova Industrial Biotech I accepts is $40,000.
Who can invest in Sofinnova Industrial Biotech I?
Sofinnova Industrial Biotech I 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 Sofinnova Industrial Biotech I?
Its adviser reported $105,585,321 in gross assets on Form ADV filed Mar 28, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Sofinnova Industrial Biotech I?
Sofinnova Industrial Biotech I is advised by Sofinnova Partners, based in Paris, France.
Who are Sofinnova Industrial Biotech I's service providers?
Its Form ADV lists Pricewaterhousecoopers as auditor.