MABA formed the MABA Sidecar Fund I (the “Fund”) in order to provide non-MABA members the opportunity to co-invest with MABA, 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 MABA members.
The Fund will invest automatically based on pre-set ratios and rules, including confirmed investment from MABA members or MABA member Pools, and will receive substantially the same investment terms as those MABA members. The Fund’s investment approach is considered both passive and blind.
Sidecar Fund I Mechanics
The MABA Sidecar Fund does not make investment decisions or provide any advice. The Fund only invests if MABA investors made an investment that qualifies for co-investment by the Fund (based on pre-set, published rules). Once the conditions for co-investment by the Fund are met, the Fund’s investment is automatic.
The MABA Sidecar Fund I investors are individuals who:
Wish to have exposure to private, early stage life science companies in their investment portfolios.
Are SEC accredited (under Regulation D of the Securities Act).
Wish for their funds to be invested alongside MABA, automatically, based on preset rules and criteria.
Wish to invest at least $25,000.
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Mid Atlantic Bio Angels group (MABA), is an angel investor group focused exclusively on new and emerging life science companies.
Membership in MABA is by invitation only, and is extended to active, accredited investors (life science angels) who wish to make investments in life science companies, as well as institutional investors and life science company venture arms wishing to invest alongside the angels.