First Avenue Private Partners, LLC
Private Equity FundFund ID 805-4878934847Alabama, United States
Gross assets
$3.6M
Min. investment
$100K
Beneficial owners
12
Size rank
Top 88%
Audited
Yes
Structure
Standalone
About this fund
First Avenue Private Partners, LLC is a private equity fund managed by Mainsail Asset Management, LLC. The fund reports $3.6 million in gross assets, placing it among the top 88% of private funds by size. The stated minimum investment is $100,000. 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 | 805-4878934847 |
| Fund type | Private Equity Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | No |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | Yes |
| 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 |
|---|---|---|
| First Avenue Bridge Equity, LLC | Real Estate | $53.3M |
| Mam Space Tech SPV I, LLC | Private Equity | $22.7M |
| First Avenue Infrastructure II, LLC | Real Estate | $3.5M |
Frequently asked questions
How large is First Avenue Private Partners, LLC?
First Avenue Private Partners, LLC reports $3.6 million in gross assets, among the top 88% of private funds by size.
What is the minimum investment for First Avenue Private Partners, LLC?
The stated minimum investment is $100,000.
Who manages First Avenue Private Partners, LLC?
First Avenue Private Partners, LLC is managed by Mainsail Asset Management, LLC.
Does First Avenue Private Partners, LLC disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
M
Birmingham, AL
Service providers
Reported gross assets
$3.6MNo change
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 88%
Larger than 12% of 67,041 private funds
Gross assets vs Private Equity FundsTop 87%
Larger than 13% of 31,066 private equity funds
Minimum investmentTop 71%
Higher than 29% of funds reporting a minimum
Investor base
Adviser & related persons7%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.