True Norcal, LLC
True Norcal, LLC is a venture capital fund organized in Delaware, United States and advised by Cresset Partners LLC. Its adviser reported $4,449,564 in gross assets for the fund on Form ADV, filed Sep 26, 2024. It reported 31 beneficial owners. The minimum investment it accepts is $25,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. It invests in other private funds (a fund of funds).
- Gross assets
- $4,449,564As reported on Form ADV
- Beneficial owners
- 31
- Minimum investment
- $25,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Auditor
- Navolio & Tallman, LLP
- Administrator
- Artex Capital Solutions
- Custodian
- JP Morgan Chase
- Adviser
- Cresset Partners LLC · Chicago, IL · CRD 306449
- Reported on
- Sep 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 True Norcal, LLC
What is the minimum investment for True Norcal, LLC?
According to its adviser's Form ADV filed Sep 26, 2024, the minimum investment True Norcal, LLC accepts is $25,000.
Who can invest in True Norcal, LLC?
True Norcal, 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 True Norcal, LLC?
Its adviser reported $4,449,564 in gross assets on Form ADV filed Sep 26, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages True Norcal, LLC?
True Norcal, LLC is advised by Cresset Partners LLC, based in Chicago, IL.
Who are True Norcal, LLC's service providers?
Its Form ADV lists Navolio & Tallman, LLP as auditor and Artex Capital Solutions as administrator.