Union Grove Partners Direct Venture Fund, LP
Venture Capital FundFund ID 805-8200492284Delaware, United States
Gross assets
$10.5M
Min. investment
$1M
Beneficial owners
6
Size rank
Top 77%
Audited
Yes
Structure
Standalone
About this fund
Union Grove Partners Direct Venture Fund, LP is a venture capital fund managed by Ugvp Management, LLC. The fund reports $10.5 million in gross assets, placing it among the top 77% 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 | 805-8200492284 |
| Fund type | Venture Capital Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| 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 |
|---|---|---|
| Union Grove Partners Venture Access Fund Ii-B, LP | Venture Capital | $160.8M |
| Union Grove Partners Venture Access Fund, LP | Venture Capital | $139.9M |
| Union Grove Partners Venture Access Fund II, LP | Venture Capital | $107.1M |
See all 7 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Union Grove Partners Direct Venture Fund, LP?
Union Grove Partners Direct Venture Fund, LP reports $10.5 million in gross assets, among the top 77% of private funds by size.
What is the minimum investment for Union Grove Partners Direct Venture Fund, LP?
The stated minimum investment is $1 million.
Who manages Union Grove Partners Direct Venture Fund, LP?
Union Grove Partners Direct Venture Fund, LP is managed by Ugvp Management, LLC.
Does Union Grove Partners Direct Venture Fund, LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
U
Summit, NJ
Service providers
Reported gross assets
$10.5M▲ 49%
Apr '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 77%
Larger than 23% of 67,041 private funds
Gross assets vs Venture Capital FundsTop 59%
Larger than 41% of 5,217 venture capital funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum
Investor base
Adviser & related persons16%
Funds of funds77%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.