B. Riley Private Shares Fund 2023-1, LLC
Private Equity FundFund ID 805-2999404322Delaware, United States
Gross assets
$6.1M
Min. investment
$25K
Beneficial owners
69
Size rank
Top 83%
Audited
Yes
Structure
Standalone
About this fund
B. Riley Private Shares Fund 2023-1, LLC is a private equity fund managed by B. Riley Wealth Private Shares, LLC. The fund reports $6.1 million in gross assets, placing it among the top 83% of private funds by size. The stated minimum investment is $25,000. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-2999404322 |
| Fund type | Private Equity 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 | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Nam Special Situations Fund I Qp, LLC Series F1 | Private Equity | $20.2M |
| B. Riley Private Shares Fund 2023-3, LLC | Private Equity | $9.9M |
| B. Riley Private Shares Fund 2022-1, LLC | Private Equity | $6.6M |
See all 7 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is B. Riley Private Shares Fund 2023-1, LLC?
B. Riley Private Shares Fund 2023-1, LLC reports $6.1 million in gross assets, among the top 83% of private funds by size.
What is the minimum investment for B. Riley Private Shares Fund 2023-1, LLC?
The stated minimum investment is $25,000.
Who manages B. Riley Private Shares Fund 2023-1, LLC?
B. Riley Private Shares Fund 2023-1, LLC is managed by B. Riley Wealth Private Shares, LLC.
Does B. Riley Private Shares Fund 2023-1, LLC disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
B
Memphis, TN
Service providers
Prime broker
None reported
Custodian
Administrator
Auditor
Marketer
Reported gross assets
$6.1M▼ 34%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 83%
Larger than 17% of 67,041 private funds
Gross assets vs Private Equity FundsTop 82%
Larger than 18% of 31,066 private equity funds
Minimum investmentTop 90%
Higher than 10% of funds reporting a minimum
Investor base
Adviser & related persons%
Funds of funds%
Non-U.S. persons6%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.