| Fund ID | 805-4405146476 |
| Fund type | Private Equity Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | Yes |
| 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 | 100% |
| Owned by the adviser or related persons | 6% |
| Owned by funds of funds | 0% |
| Owned by non-U.S. persons | 2% |
| Fund | Type | Gross assets |
|---|---|---|
| Manzanita Fund, LLC | Hedge | $46.4M |
| Sb Capital Management Private Equity Fund III | Private Equity | $782K |
| Sb Capital Management Private Equity Fund II | Private Equity | — |
Sbcm Private Equity Fund IV reports $34.1 million in gross assets, among the top 61% of private funds by size.
The stated minimum investment is $100,000.
Sbcm Private Equity Fund IV is managed by Sb Capital Management, Inc.
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.