Adalta Ascent II LLC is a venture capital fund based in New York, New York. According to its most recent Form D, filed Apr 26, 2022, it has sold $404,000 of interests to 14 investors since its first sale in Jun 2021. The filing does not set a minimum investment. 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 David Rappa; Adalta Capital Management LLC; Zoe Vlachos.
- Total raised
- $404,000Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Jun 30, 2021
- Minimum investment
- None set
- 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
- David Rappa; Adalta Capital Management LLC; Zoe Vlachos
- Latest Form D
- Apr 26, 2022
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 Adalta Ascent II LLC
What is the minimum investment for Adalta Ascent II LLC?
Adalta Ascent II LLC's latest Form D, filed Apr 26, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Adalta Ascent II LLC?
Adalta Ascent II LLC 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 Adalta Ascent II LLC raised?
Adalta Ascent II LLC reports $404,000 sold from 14 investors on its Form D filed Apr 26, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Adalta Ascent II LLC based?
Adalta Ascent II LLC is based in New York, New York.
When did Adalta Ascent II LLC launch?
Adalta Ascent II LLC reports its first sale in Jun 2021.
Size compared with every venture capital fund
Raised more than 41% of the 1,234 venture capital funds based in New York, and more than 45% of all 14,840 that report sales.