Innovative Development Fund LLC Bevco
Venture Capital FundFund ID 805-9739018497Delaware, United States
Gross assets
$5.2M
Min. investment
$250K
Beneficial owners
13
Size rank
Top 85%
Audited
Yes
Structure
Standalone
About this fund
Innovative Development Fund LLC Bevco is a venture capital fund managed by Innovative Private Wealth Management Inc.. The fund reports $5.2 million in gross assets, placing it among the top 85% of private funds by size. The stated minimum investment is $250,000. 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 | 805-9739018497 |
| Fund type | Venture Capital 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 | No |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | No |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Innovative Development Funds LLC | Other Private | $59.7M |
| Innovative Development Funds LLC Infra II Series | Private Equity | $29.1M |
| Innovative Energy Fund GP | Private Equity | $13.4M |
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Join to unlock · $37/moFrequently asked questions
How large is Innovative Development Fund LLC Bevco?
Innovative Development Fund LLC Bevco reports $5.2 million in gross assets, among the top 85% of private funds by size.
What is the minimum investment for Innovative Development Fund LLC Bevco?
The stated minimum investment is $250,000.
Who manages Innovative Development Fund LLC Bevco?
Innovative Development Fund LLC Bevco is managed by Innovative Private Wealth Management Inc.
Does Innovative Development Fund LLC Bevco disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
I
Service providers
Prime broker
None reported
Custodian
Administrator
Auditor
Marketer
Reported gross assets
$5.2MNo change
Apr '26Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 85%
Larger than 15% of 67,041 private funds
Gross assets vs Venture Capital FundsTop 71%
Larger than 29% of 5,217 venture capital funds
Minimum investmentTop 56%
Higher than 44% of funds reporting a minimum
Investor base
Adviser & related persons5%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.