Staysail 5 LLC
Staysail 5 LLC is a venture capital fund organized in Delaware, United States and advised by The Bollard Group LLC. Its adviser reported $3,739,041 in gross assets for the fund on Form ADV, filed Jul 18, 2024. It reported 7 beneficial owners. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $3,739,041As reported on Form ADV
- Beneficial owners
- 7
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Auditor
- RSM US LLP
- Custodian
- Bank of America
- Adviser
- The Bollard Group LLC · Boston, MA · CRD 155317
- Reported on
- Jul 18, 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 Staysail 5 LLC
What is the minimum investment for Staysail 5 LLC?
Its adviser's Form ADV, filed Jul 18, 2024, does not set a minimum investment for Staysail 5 LLC. The offering documents may still require one.
Who can invest in Staysail 5 LLC?
Staysail 5 LLC 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 Staysail 5 LLC?
Its adviser reported $3,739,041 in gross assets on Form ADV filed Jul 18, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Staysail 5 LLC?
Staysail 5 LLC is advised by The Bollard Group LLC, based in Boston, MA.
Who are Staysail 5 LLC's service providers?
Its Form ADV lists RSM US LLP as auditor.