| Fund ID | 805-3853672061 |
| Fund type | Private Equity Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | No |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 0% |
| Owned by the adviser or related persons | 0% |
| Owned by funds of funds | 0% |
| Owned by non-U.S. persons | 0% |
| Fund | Type | Gross assets |
|---|---|---|
| Community Housing Fund LLC | Real Estate | $152.5M |
| Entrepreneurs of Color Loan Fund LLC | Real Estate | $100M |
| Bay's Future Fund LLC | Real Estate | $71.6M |
Black Economic Development Fund LLC reports $250 million in gross assets, among the top 27% of private funds by size.
The stated minimum investment is $25 million.
Black Economic Development Fund LLC is managed by Lisc Fund Management, LLC.
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.