The Hive II LLC
The Hive II LLC is a venture capital fund organized in Delaware, United States and advised by The Hive. Its adviser reported $21,619,114 in gross assets for the fund on Form ADV, filed Mar 24, 2024. It reported 65 beneficial owners, about 2% of it owned by non-U.S. persons. The minimum investment it accepts is $30,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $21,619,114As reported on Form ADV
- Beneficial owners
- 65
- Minimum investment
- $30,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Administrator
- Cornerstone Fund Services
- Adviser
- The Hive · Palo Alto, CA · CRD 316164
- Reported on
- Mar 24, 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 Hive II LLC
What is the minimum investment for The Hive II LLC?
According to its adviser's Form ADV filed Mar 24, 2024, the minimum investment The Hive II LLC accepts is $30,000.
Who can invest in The Hive II LLC?
The Hive II 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 The Hive II LLC?
Its adviser reported $21,619,114 in gross assets on Form ADV filed Mar 24, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages The Hive II LLC?
The Hive II LLC is advised by The Hive, based in Palo Alto, CA.
Who are The Hive II LLC's service providers?
Its Form ADV lists Cornerstone Fund Services as administrator.