AltMountain

Advanced Technology Select Fund II LLC

New York, NY · CIK 1650860 · Sponsor: L3 Capital Advisors LLC
Status: no Form D since Jan 2017. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Advanced Technology Select Fund II LLC is a private investment fund based in New York, New York. According to its most recent Form D, filed Jan 5, 2017, it has sold $22,385,950 of interests to 100 investors since its first sale in Aug 2015. 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 Richard Cardinale.

Total raised
$22,385,950Cumulative sales reported on Form D
Investors
100
First sale
Aug 3, 2015
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
Richard Cardinale
Latest Form D
Jan 5, 2017

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 Advanced Technology Select Fund II LLC

What is the minimum investment for Advanced Technology Select Fund II LLC?

According to its latest Form D, filed Jan 5, 2017, the minimum investment Advanced Technology Select Fund II LLC accepts from an outside investor is $100,000.

Who can invest in Advanced Technology Select Fund II LLC?

Advanced Technology Select Fund 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 Advanced Technology Select Fund II LLC raised?

Advanced Technology Select Fund II LLC reports $22,385,950 sold from 100 investors on its Form D filed Jan 5, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Advanced Technology Select Fund II LLC based?

Advanced Technology Select Fund II LLC is based in New York, New York.

When did Advanced Technology Select Fund II LLC launch?

Advanced Technology Select Fund II LLC reports its first sale in Aug 2015.

Size compared with every private investment fund

Raised more than 56% of the 2,847 private investment funds based in New York, and more than 52% of all 10,333 that report sales.

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