| Fund ID | 805-5112491237 |
| Fund type | Venture Capital Fund |
| 3(c)(1) exclusion | No |
| 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 |
| % of assets independently valued | 0% |
| Owned by the adviser or related persons | 1% |
| Owned by funds of funds | 12% |
| Owned by non-U.S. persons | 32% |
| Fund | Type | Gross assets |
|---|---|---|
| Acme Fund IV, LP | Venture Capital | $212.5M |
| Acme Fund III, LP | Venture Capital | $143.9M |
| Sherpa Ventures Fund, LP | Venture Capital | $93.1M |
Sherpaeverest Fund, LP reports $42.4 million in gross assets, among the top 57% of private funds by size.
The stated minimum investment is $50,000.
Sherpaeverest Fund, LP is managed by Acme, LLC.
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.