| Fund ID | 805-6719024496 |
| Fund type | Venture Capital Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | No |
| 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 | 19% |
| Owned by funds of funds | 0% |
| Owned by non-U.S. persons | 0% |
| Fund | Type | Gross assets |
|---|---|---|
| Velvet Sea Venture Capital Fund LP | Venture Capital | $91.9M |
| Vsv Co-Invest VI, LLC | Venture Capital | $14M |
| Vsv Co-Invest III , LLC | Venture Capital | $4.6M |
Velvet Sea Venture Capital Fund II LP reports $73.1 million in gross assets, among the top 48% of private funds by size.
The stated minimum investment is $50,000.
Velvet Sea Venture Capital Fund II LP is managed by Vsv Management, LLC.
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.