Stichting Development Fund
Stichting Development Fund is a private equity fund organized in Netherlands and advised by Climate Fund Managers B.V. Its adviser reported $270,685,371 in gross assets for the fund on Form ADV, filed Apr 12, 2024. It reported 3 beneficial owners, about 97% of it owned by non-U.S. persons. The minimum investment it accepts is $5,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $270,685,371As reported on Form ADV
- Beneficial owners
- 3
- Minimum investment
- $5,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Private equity fund
- Domicile
- Netherlands
- Auditor
- PWC Netherlands
- Administrator
- Apex (Previously Sanne)
- Adviser
- Climate Fund Managers B.V. · The Hague, Netherlands · CRD 329507
- Reported on
- Apr 12, 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 Stichting Development Fund
What is the minimum investment for Stichting Development Fund?
According to its adviser's Form ADV filed Apr 12, 2024, the minimum investment Stichting Development Fund accepts is $5,000,000.
Who can invest in Stichting Development Fund?
Stichting Development Fund 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 Stichting Development Fund?
Its adviser reported $270,685,371 in gross assets on Form ADV filed Apr 12, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Stichting Development Fund?
Stichting Development Fund is advised by Climate Fund Managers B.V., based in The Hague, Netherlands.
Who are Stichting Development Fund's service providers?
Its Form ADV lists PWC Netherlands as auditor and Apex (Previously Sanne) as administrator.