Deepwater Vermillion Fund LP
Venture Capital FundFund ID 805-6307247013Delaware, United States
Gross assets
$47.9M
Min. investment
$50K
Beneficial owners
1
Size rank
Top 56%
Audited
Yes
Structure
Standalone
About this fund
Deepwater Vermillion Fund LP is a venture capital fund managed by Deepwater Asset Management, LLC. The fund reports $47.9 million in gross assets, placing it among the top 56% of private funds by size. The stated minimum investment is $50,000. 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 | 805-6307247013 |
| 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 | No |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Loup Ventures Fund I LP | Venture Capital | $76M |
| Deepwater SPV II LP | Venture Capital | $62.8M |
| Deepwater Public-Private Fund, LP | Hedge | $51.3M |
| Deepwater Venture Fund II, LP | Venture Capital | $42.3M |
| Deepwater SPV IV LP | Venture Capital | $14.3M |
| Deepwater Late-Stage Fund II | Venture Capital | $9.9M |
Frequently asked questions
How large is Deepwater Vermillion Fund LP?
Deepwater Vermillion Fund LP reports $47.9 million in gross assets, among the top 56% of private funds by size.
What is the minimum investment for Deepwater Vermillion Fund LP?
The stated minimum investment is $50,000.
Who manages Deepwater Vermillion Fund LP?
Deepwater Vermillion Fund LP is managed by Deepwater Asset Management, LLC.
Does Deepwater Vermillion Fund LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
Minneapolis, MN
Service providers
How this fund compares
Gross assetsTop 56%
Larger than 44% of 67,603 private funds
Gross assets vs Venture Capital FundsTop 33%
Larger than 67% of 5,300 venture capital funds
Minimum investmentTop 85%
Higher than 15% of funds reporting a minimum
Investor base
Adviser & related persons27%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.