Summit Action Fund
Summit Action Fund is a venture capital fund organized in Delaware, United States and advised by Mattock Capital Investments LLC. Its adviser reported $17,700,000 in gross assets for the fund on Form ADV, filed Mar 26, 2024. It reported 110 beneficial owners, about 17% of it owned by non-U.S. persons. The minimum investment it accepts is $1,000,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $17,700,000As reported on Form ADV
- Beneficial owners
- 110
- Minimum investment
- $1,000,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Auditor
- Keiter, Stephens, Hurst, Gary & Shreaves, P.C.
- Administrator
- Catalyst Fund Administration LLC
- Adviser
- Mattock Capital Investments LLC · Manakin Sabot, VA · CRD 325621
- Reported on
- Mar 26, 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 Summit Action Fund
What is the minimum investment for Summit Action Fund?
According to its adviser's Form ADV filed Mar 26, 2024, the minimum investment Summit Action Fund accepts is $1,000,000.
Who can invest in Summit Action Fund?
Summit Action Fund 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 Summit Action Fund?
Its adviser reported $17,700,000 in gross assets on Form ADV filed Mar 26, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Summit Action Fund?
Summit Action Fund is advised by Mattock Capital Investments LLC, based in Manakin Sabot, VA.
Who are Summit Action Fund's service providers?
Its Form ADV lists Keiter, Stephens, Hurst, Gary & Shreaves, P.C. as auditor and Catalyst Fund Administration LLC as administrator.