| Fund ID | 805-3335415675 |
| Fund type | Private Equity Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | Yes |
| 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 | 10% |
| Owned by funds of funds | 0% |
| Owned by non-U.S. persons | 0% |
| Fund | Type | Gross assets |
|---|---|---|
| Project Black Coordinated Participation Fund, LP | Private Equity | $98.6M |
| Project Black Sparta II Inclusion Co-Investment LLC | Private Equity | $98.1M |
Project Black, LP reports $1.2 billion in gross assets, among the top 6% of private funds by size.
The stated minimum investment is $100 million.
Project Black, LP is managed by Ariel Alternatives, LLC.
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.