AltMountain

The Founders Fund, LP

Organized in Delaware, United States · Advised by Founders Fund LLC · Private fund ID 805-3871529521
Venture capital fund

The Founders Fund, LP is a venture capital fund organized in Delaware, United States and advised by Founders Fund LLC. Its adviser reported $11,212,883 in gross assets for the fund on Form ADV, filed Mar 29, 2024. It reported 27 beneficial owners, about 10% of it owned by non-U.S. persons. The minimum investment it accepts is $65,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.

Gross assets
$11,212,883As reported on Form ADV
Beneficial owners
27
Minimum investment
$65,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 owners
Fund type
Venture capital fund
Domicile
Delaware, United States
Auditor
BDO USA, LLP
Custodian
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Adviser
Founders Fund LLC · SAN Francisco, CA · CRD 155462
Reported on
Mar 29, 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 The Founders Fund, LP

What is the minimum investment for The Founders Fund, LP?

According to its adviser's Form ADV filed Mar 29, 2024, the minimum investment The Founders Fund, LP accepts is $65,000.

Who can invest in The Founders Fund, LP?

The Founders Fund, LP 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 The Founders Fund, LP?

Its adviser reported $11,212,883 in gross assets on Form ADV filed Mar 29, 2024. Gross assets include borrowed money and are not the same as net assets or performance.

Who manages The Founders Fund, LP?

The Founders Fund, LP is advised by Founders Fund LLC, based in SAN Francisco, CA.

Who are The Founders Fund, LP's service providers?

Its Form ADV lists BDO USA, LLP as auditor.

Other funds advised by Founders Fund LLC