Sofinnova Md Start III
Sofinnova Md Start III is a venture capital fund organized in France and advised by Sofinnova Partners. Its adviser reported $99,760,435 in gross assets for the fund on Form ADV, filed Mar 28, 2024. It reported 29 beneficial owners, about 92% 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
- $99,760,435As reported on Form ADV
- Beneficial owners
- 29
- 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
- Prime broker
- Societe Generale
- Custodian
- Societe Generale
- 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 Md Start III
What is the minimum investment for Sofinnova Md Start III?
According to its adviser's Form ADV filed Mar 28, 2024, the minimum investment Sofinnova Md Start III accepts is $40,000.
Who can invest in Sofinnova Md Start III?
Sofinnova Md Start III 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 Md Start III?
Its adviser reported $99,760,435 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 Md Start III?
Sofinnova Md Start III is advised by Sofinnova Partners, based in Paris, France.
Who are Sofinnova Md Start III's service providers?
Its Form ADV lists Pricewaterhousecoopers as auditor.