Penobscot Associates, Inc
Other Private FundFund ID 805-9402748189Maine, United States
Gross assets
$8.2M
Min. investment
$10K
Beneficial owners
50
Size rank
Top 80%
Audited
No
Structure
Standalone
About this fund
Penobscot Associates, Inc is a other private fund managed by Means Investment Co., Inc.. The fund reports $8.2 million in gross assets, placing it among the top 80% of private funds by size. The stated minimum investment is $10,000. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-9402748189 |
| Fund type | Other Private Fund — INVESTMENT CLUB |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | No |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | No |
| Annual audit | No |
| Prepared per GAAP | No |
| Sub-advised | No |
| Sales limited to qualified investors | No |
| % of assets independently valued | 0% |
Other funds from this manager
None reported.
Frequently asked questions
How large is Penobscot Associates, Inc?
Penobscot Associates, Inc reports $8.2 million in gross assets, among the top 80% of private funds by size.
What is the minimum investment for Penobscot Associates, Inc?
The stated minimum investment is $10,000.
Who manages Penobscot Associates, Inc?
Penobscot Associates, Inc is managed by Means Investment Co., Inc.
Does Penobscot Associates, Inc disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
M
Bangor, ME
Service providers
Reported gross assets
$8.2M▲ 17%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 80%
Larger than 20% of 67,041 private funds
Gross assets vs Other Private FundsTop 82%
Larger than 18% of 8,892 other private funds
Minimum investmentTop 94%
Higher than 6% 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.