Updata Partners III. L.P.
Updata Partners III. L.P. is a venture capital fund organized in Delaware, United States and advised by Updata Partners. Its adviser reported $15,439,283 in gross assets for the fund on Form ADV, filed Mar 24, 2024. It reported 38 beneficial owners. The minimum investment it accepts is $100,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $15,439,283As reported on Form ADV
- Beneficial owners
- 38
- Minimum investment
- $100,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Auditor
- Ernst & Young LLP
- Custodian
- Banc of California; Silicon Valley Bank - a Division of First Citizens Bank
- Adviser
- Updata Partners · Washington, D.C., DC · CRD 160994
- 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 Updata Partners III. L.P.
What is the minimum investment for Updata Partners III. L.P.?
According to its adviser's Form ADV filed Mar 24, 2024, the minimum investment Updata Partners III. L.P. accepts is $100,000.
Who can invest in Updata Partners III. L.P.?
Updata Partners III. L.P. 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 Updata Partners III. L.P.?
Its adviser reported $15,439,283 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 Updata Partners III. L.P.?
Updata Partners III. L.P. is advised by Updata Partners, based in Washington, D.C., DC.
Who are Updata Partners III. L.P.'s service providers?
Its Form ADV lists Ernst & Young LLP as auditor.