424 Capital Fund II, LP
424 Capital Fund II, LP is a private equity fund based in Wakefield, Massachusetts. According to its most recent Form D, filed Jan 7, 2025, it has sold $137,875,000 of interests to 66 investors since its first sale in Nov 2022. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Brennan Mulcahey; 424 Capital Fund II, LLC; Kyle Stanbro.
- Total raised
- $137,875,000Cumulative sales reported on Form D
- Investors
- 66
- First sale
- Nov 15, 2022
- Minimum investment
- $100,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Brennan Mulcahey; 424 Capital Fund II, LLC; Kyle Stanbro
- Latest Form D
- Jan 7, 2025
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about 424 Capital Fund II, LP
What is the minimum investment for 424 Capital Fund II, LP?
According to its latest Form D, filed Jan 7, 2025, the minimum investment 424 Capital Fund II, LP accepts from an outside investor is $100,000.
Who can invest in 424 Capital Fund II, LP?
424 Capital Fund II, LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has 424 Capital Fund II, LP raised?
424 Capital Fund II, LP reports $137,875,000 sold from 66 investors on its Form D filed Jan 7, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is 424 Capital Fund II, LP based?
424 Capital Fund II, LP is based in Wakefield, Massachusetts.
When did 424 Capital Fund II, LP launch?
424 Capital Fund II, LP reports its first sale in Nov 2022.
Size compared with every private equity fund
Raised more than 75% of the 464 private equity funds based in Massachusetts, and more than 77% of all 9,142 that report sales.