Directed Inquiry

Question: Investigate Founders Fund: Search SEC EDGAR for "Search for all Form ADV filings by entities containing 'Founders Fund' to map complete legal structure". Form ADV filings would reveal all related investment adviser entities and their relationships, confirming the exact scope of the multi-entity structure. Report any findings as factual claims with dates and evidence.

Date: 2026-04-08

Research Findings

My research identified Founders Fund LLC as a SEC-registered investment adviser with CRD number 155462, accessible through the IAPD system. However, the detailed Form ADV filings that would reveal the complete multi-entity legal structure were not accessible through my search methods. The SEC requires investment advisers to file Form ADV annually, which contains detailed information about business structure, ownership, affiliations, and related entities. Under current regulations stemming from the Dodd-Frank Act, larger investment advisers must register with the SEC and provide comprehensive disclosure about their operations, including information about related persons and control relationships. To fully map Founders Fund's complete legal structure, direct access to their specific Form ADV filings through the SEC's EDGAR database would be necessary, as these documents contain detailed schedules showing all related investment adviser entities, control persons, and business relationships that constitute the multi-entity structure.

Data Collected

• Entities created: Founders Fund LLC
• Facts recorded: 7
• Connections mapped: 2
• Web sources consulted: 23

Sources

• SEC.gov | Frequently Asked Questions on Form ADV and IARD
• IAPD - Investment Adviser Public Disclosure - Homepage
• SEC.gov | Electronic Filing for Investment Advisers on IARD
• Form ADV (provided in PDF format): • Instructions & Glossary •
• SEC.gov | Form ADV Data
• SEC.gov | Information About Registered Investment Advisers and Exempt Reporting Advisers
• SEC.gov | Division of Investment Management: Electronic Filing for Investment Advisers on IARD:
  Forms, Policy, and Law
• Form ADV | Investor.gov
• 1 SEC 1707 (07-24) File 1 of 5 FORM ADV (Paper Version)
• Form ADV - Uniform Application for Investment Adviser ...
• 15 U.S. Code § 80b-3 - Registration of investment advisers | U.S. Code | US Law | LII / Legal Information Institute
• Is Investment Adviser Registration Required for Hedge Fund? | Riveles Law Group
• FOUNDERS FUND LLC - Investment Adviser Firm
• Registration Exemptions for Investment Advisers - Morse Law
• Regulation of Investment Advisers by the
• Becoming a Registered Investment Adviser: Worth the Costs? – TheFundLawyer
• Text - H.R.3818 - 111th Congress (2009-2010): Private Fund Investment Advisers Registration Act of 2009 | Congress.gov | Library of Congress
• Corporate Insights The Investment Advisers Act - Registration Requirements and the Family Office Rule - Lexology
• Congress Mandates Registration of Advisors to Hedge Funds and Other Private Funds - Tucker Ellis LLP
• sec adopts rules implementing dodd-frank investment adviser
• FOUNDERS FUND LLC - Investment Adviser Firm
• FOUNDERS FUND LLC | Form ADV
• Founders Fund LLC - Company Profile and News - Bloomberg Markets