Borderless Planets Fund LLC
Borderless Planets Fund LLC is a private equity fund organized in Delaware, United States and advised by Borderless Management LLC. Its adviser reported $4,214,562 in gross assets for the fund on Form ADV, filed Mar 27, 2024. It reported 34 beneficial owners, about 44% of it owned by non-U.S. persons. The minimum investment it accepts is $50,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $4,214,562As reported on Form ADV
- Beneficial owners
- 34
- Minimum investment
- $50,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Private equity fund
- Domicile
- Delaware, United States
- Auditor
- Cherry Baekert
- Custodian
- Copper Technologies (UK) Limited; Fireblocks Inc
- Adviser
- Borderless Management LLC · Clermont, FL · CRD 323404
- Reported on
- Mar 27, 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 Borderless Planets Fund LLC
What is the minimum investment for Borderless Planets Fund LLC?
According to its adviser's Form ADV filed Mar 27, 2024, the minimum investment Borderless Planets Fund LLC accepts is $50,000.
Who can invest in Borderless Planets Fund LLC?
Borderless Planets Fund 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 Borderless Planets Fund LLC?
Its adviser reported $4,214,562 in gross assets on Form ADV filed Mar 27, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Borderless Planets Fund LLC?
Borderless Planets Fund LLC is advised by Borderless Management LLC, based in Clermont, FL.
Who are Borderless Planets Fund LLC's service providers?
Its Form ADV lists Cherry Baekert as auditor.