Variant Fund, L.P.
Venture Capital FundFund ID 805-2177975727Delaware, United States
Gross assets
$51.9M
Min. investment
$5K
Beneficial owners
60
Size rank
Top 55%
Audited
Yes
Structure
Standalone
About this fund
Variant Fund, L.P. is a venture capital fund managed by Unofficial Management, Inc.. The fund reports $51.9 million in gross assets, placing it among the top 55% of private funds by size. The stated minimum investment is $5,000. 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 | 805-2177975727 |
| Fund type | Venture Capital Fund |
| 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 | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 78% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Variant Opportunity Fund, L.P. | Venture Capital | $167.9M |
| Variant Fund III, L.P. | Venture Capital | $165.1M |
| Variant Fund II, LP | Venture Capital | $62.8M |
See all 7 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Variant Fund, L.P.?
Variant Fund, L.P. reports $51.9 million in gross assets, among the top 55% of private funds by size.
What is the minimum investment for Variant Fund, L.P.?
The stated minimum investment is $5,000.
Who manages Variant Fund, L.P.?
Variant Fund, L.P. is managed by Unofficial Management, Inc.
Does Variant Fund, L.P. disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
U
New York, NY
Service providers
Reported gross assets
$51.9M▼ 63%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 55%
Larger than 45% of 67,041 private funds
Gross assets vs Venture Capital FundsTop 32%
Larger than 68% of 5,217 venture capital funds
Minimum investmentTop 96%
Higher than 4% of funds reporting a minimum
Investor base
Adviser & related persons1%
Funds of funds32%
Non-U.S. persons3%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.