Fund Magenta
Fund Magenta is a venture capital fund organized in Delaware, United States and advised by Redpoint Ventures. Its adviser reported $463,095,419 in gross assets for the fund on Form ADV, filed Mar 30, 2024. It reported 73 beneficial owners, about 25% of it owned by non-U.S. persons. The minimum investment it accepts is $250,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $463,095,419As reported on Form ADV
- Beneficial owners
- 73
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Auditor
- Pricewaterhousecoopers
- Custodian
- Raymond James & Associates, Inc.; Morgan Stanley Smith Barney LLC; Merrill Lynch, Pierce, Fenner & Smith Incorporated; Silicon Valley Bank
- Adviser
- Redpoint Ventures · Woodside, CA · CRD 161680
- Reported on
- Mar 30, 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 Fund Magenta
What is the minimum investment for Fund Magenta?
According to its adviser's Form ADV filed Mar 30, 2024, the minimum investment Fund Magenta accepts is $250,000.
Who can invest in Fund Magenta?
Fund Magenta is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7).
How large is Fund Magenta?
Its adviser reported $463,095,419 in gross assets on Form ADV filed Mar 30, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Fund Magenta?
Fund Magenta is advised by Redpoint Ventures, based in Woodside, CA.
Who are Fund Magenta's service providers?
Its Form ADV lists Pricewaterhousecoopers as auditor.