Legacy Venture V (qp), LLC
Venture Capital FundFund ID 805-7669795395Delaware, United States
Gross assets
$73.8M
Min. investment
$1M
Beneficial owners
64
Size rank
Top 49%
Audited
Yes
Structure
Standalone
About this fund
Legacy Venture V (qp), LLC is a venture capital fund managed by Next Legacy Management, LLC. The fund reports $73.8 million in gross assets, placing it among the top 49% of private funds by size. The stated minimum investment is $1 million. 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 | 805-7669795395 |
| Fund type | Venture Capital Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| 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 |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Legacy Venture VIII, LLC | Venture Capital | $541.1M |
| Legacy Venture VII, LLC | Venture Capital | $528.6M |
| Legacy Venture XI, LLC | Venture Capital | $500.4M |
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Join to unlock · $37/moFrequently asked questions
How large is Legacy Venture V (qp), LLC?
Legacy Venture V (qp), LLC reports $73.8 million in gross assets, among the top 49% of private funds by size.
What is the minimum investment for Legacy Venture V (qp), LLC?
The stated minimum investment is $1 million.
Who manages Legacy Venture V (qp), LLC?
Legacy Venture V (qp), LLC is managed by Next Legacy Management, LLC.
Does Legacy Venture V (qp), LLC disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
N
Portola Valley, CA
Service providers
Reported gross assets
$73.8M▼ 9%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 49%
Larger than 51% of 67,041 private funds
Gross assets vs Venture Capital FundsTop 26%
Larger than 74% of 5,217 venture capital funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum
Investor base
Adviser & related persons%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.