BioAngels™ formed the BioAngels™ Sidecar Fund I (the “Fund”) in order to provide non-BioAngels™ members the opportunity to co-invest with BioAngels™, but without membership attendance or activity requirements. Participation in this Fund is open only to “accredited investors” (as defined by the SEC) who are not BioAngels™ members.
The Fund will invest automatically based on pre-set ratios and rules, including confirmed investment from BioAngels™ members or BioAngels™ member Pools, and will receive substantially the same investment terms as those BioAngels™ members. The Fund’s investment approach is considered both passive and blind.