Wave Ada Yield Fund, LTD.
Wave Ada Yield Fund, LTD. is a hedge fund organized in British Virgin Islands and advised by Wave Digital Assets LLC. Its adviser reported $27,256,663 in gross assets for the fund on Form ADV, filed Sep 5, 2024. It reported 1 beneficial owner, about 100% of it owned by non-U.S. persons. 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
- $27,256,663As reported on Form ADV
- Beneficial owners
- 1
- Minimum investment
- $100,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Hedge fund
- Domicile
- British Virgin Islands
- Auditor
- Berkower LLC
- Administrator
- Stonegate Global Fund Services
- Custodian
- Coinbase, Inc.; Axos Financial Inc.; Copper Technologies (Switzerland) AG; Bitgo Trust Company, Inc.
- Adviser
- Wave Digital Assets LLC · LOS Angeles, CA · CRD 305726
- Reported on
- Sep 5, 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 Wave Ada Yield Fund, LTD.
What is the minimum investment for Wave Ada Yield Fund, LTD.?
According to its adviser's Form ADV filed Sep 5, 2024, the minimum investment Wave Ada Yield Fund, LTD. accepts is $100,000.
Who can invest in Wave Ada Yield Fund, LTD.?
Wave Ada Yield Fund, LTD. 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 Wave Ada Yield Fund, LTD.?
Its adviser reported $27,256,663 in gross assets on Form ADV filed Sep 5, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Wave Ada Yield Fund, LTD.?
Wave Ada Yield Fund, LTD. is advised by Wave Digital Assets LLC, based in LOS Angeles, CA.
Who are Wave Ada Yield Fund, LTD.'s service providers?
Its Form ADV lists Berkower LLC as auditor and Stonegate Global Fund Services as administrator.