| Fund ID | 805-3457109936 |
| 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 | 87% |
| Owned by the adviser or related persons | 2% |
| Owned by funds of funds | 30% |
| Owned by non-U.S. persons | 2% |
| Fund | Type | Gross assets |
|---|---|---|
| Variant Fund II, LP | Venture Capital | $233.8M |
| Variant Fund III, L.P. | Venture Capital | $166.6M |
| Variant Fund, L.P. | Venture Capital | $139.1M |
Variant Opportunity Fund, L.P. reports $530.8 million in gross assets, among the top 13% of private funds by size.
The stated minimum investment is $14,000.
Variant Opportunity Fund, L.P. is managed by Unofficial Management, Inc.
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.