Arel NY Development II LP is a private equity fund based in New York, New York. According to its most recent Form D, filed Mar 3, 2017, it has sold $24,038,889 of interests to 25 investors since its first sale in Feb 2017. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Aam NY II LLC; Gabriel Bousbib; Richard Leibovitch.
- Total raised
- $24,038,889Cumulative sales reported on Form D
- Investors
- 25
- First sale
- Feb 23, 2017
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Aam NY II LLC; Gabriel Bousbib; Richard Leibovitch
- Latest Form D
- Mar 3, 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 Arel NY Development II LP
What is the minimum investment for Arel NY Development II LP?
Arel NY Development II LP's latest Form D, filed Mar 3, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Arel NY Development II LP?
Arel NY Development II LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Arel NY Development II LP raised?
Arel NY Development II LP reports $24,038,889 sold from 25 investors on its Form D filed Mar 3, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Arel NY Development II LP based?
Arel NY Development II LP is based in New York, New York.
When did Arel NY Development II LP launch?
Arel NY Development II LP reports its first sale in Feb 2017.
Size compared with every private equity fund
Raised more than 64% of the 3,665 private equity funds based in New York, and more than 54% of all 8,896 that report sales.