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Imperfect SPV, a Series of Alpaca Vc Master Direct Invest LLC

Venture Capital FundFund ID 805-9254901725Delaware, United States
Gross assets
$451K
Min. investment
$50K
Beneficial owners
4
Size rank
Top 97%
Audited
No
Structure
Standalone

About this fund

Imperfect SPV, a Series of Alpaca Vc Master Direct Invest LLC is a venture capital fund managed by Alpaca Vc Investment Management LLC. The fund reports $451,054 in gross assets, placing it among the top 97% of private funds by size. The stated minimum investment is $50,000. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-9254901725
Fund typeVenture Capital Fund
3(c)(1) exclusionYes
3(c)(7) exclusionNo
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditNo
Prepared per GAAPNo
Sub-advisedNo
Sales limited to qualified investorsNo
% of assets independently valued0%

Other funds from this manager

FundTypeGross assets
Alpaca Vc Fund III LPVenture Capital$60.3M
Alpaca Built World Fund I LPVenture Capital$30.6M
Corigin Ventures Fund II LPVenture Capital$24.3M
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Frequently asked questions

How large is Imperfect SPV, a Series of Alpaca Vc Master Direct Invest LLC?

Imperfect SPV, a Series of Alpaca Vc Master Direct Invest LLC reports $451,054 in gross assets, among the top 97% of private funds by size.

What is the minimum investment for Imperfect SPV, a Series of Alpaca Vc Master Direct Invest LLC?

The stated minimum investment is $50,000.

Who manages Imperfect SPV, a Series of Alpaca Vc Master Direct Invest LLC?

Imperfect SPV, a Series of Alpaca Vc Master Direct Invest LLC is managed by Alpaca Vc Investment Management LLC.

Does Imperfect SPV, a Series of Alpaca Vc Master Direct Invest LLC disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Service providers

Prime broker
None reported
Custodian
Auditor
None reported

Reported gross assets

$451KNo change
Mar '25 — $451KApr '25 — $451KMay '25 — $451KJun '25 — $451KJul '25 — $451KAug '25 — $451KSep '25 — $451KOct '25 — $451KNov '25 — $451KDec '25 — $451KJan '26 — $451KFeb '26 — $451KMar '26 — $451KApr '26 — $451KMay '26 — $451KJun '26 — $451K
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 97%
Larger than 3% of 67,041 private funds
Gross assets vs Venture Capital FundsTop 95%
Larger than 5% of 5,217 venture capital funds
Minimum investmentTop 85%
Higher than 15% of funds reporting a minimum

Investor base

Adviser & related persons53%
Funds of funds4%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.