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Next Legacy Emerging Leaders 1, L.P.

Venture Capital FundFund ID 805-3714482084Delaware, United States
Gross assets
$46.6M
Min. investment
$25K
Beneficial owners
37
Size rank
Top 55%
Audited
Yes
Structure
Standalone

About this fund

Next Legacy Emerging Leaders 1, L.P. is a venture capital fund managed by Next Legacy Management, LLC. The fund reports $46.6 million in gross assets, placing it among the top 55% of private funds by size. The stated minimum investment is $25,000. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-3714482084
Fund typeVenture Capital Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsYes
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued0%

Ownership

Owned by the adviser or related persons41%
Owned by funds of funds0%
Owned by non-U.S. persons1%

Other funds from this manager

FundTypeGross assets
Legacy Venture VII, LLCVenture Capital$564.6M
Legacy Venture VIII, LLCVenture Capital$543.2M
Legacy Venture IX, LLCVenture Capital$472.9M
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Frequently asked questions

How large is Next Legacy Emerging Leaders 1, L.P.?

Next Legacy Emerging Leaders 1, L.P. reports $46.6 million in gross assets, among the top 55% of private funds by size.

What is the minimum investment for Next Legacy Emerging Leaders 1, L.P.?

The stated minimum investment is $25,000.

Who manages Next Legacy Emerging Leaders 1, L.P.?

Next Legacy Emerging Leaders 1, L.P. is managed by Next Legacy Management, LLC.

Does Next Legacy Emerging Leaders 1, L.P. disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

N
Portola Valley, CA

Service providers

Prime broker
None reported
Administrator