Closed Loop Fund II LP
Closed Loop Fund II LP is a private fund (private debt fund) organized in Delaware, United States and advised by Closed Loop Partners, LLC. Its adviser reported $10,434,553 in gross assets for the fund on Form ADV, filed Oct 18, 2024. It reported 4 beneficial owners. The minimum investment it accepts is $3,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $10,434,553As reported on Form ADV
- Beneficial owners
- 4
- Minimum investment
- $3,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Private fundPRIVATE DEBT FUND
- Domicile
- Delaware, United States
- Auditor
- Cohnreznick LLP
- Administrator
- Socium LLC
- Custodian
- TD Bank; First Republic Bank; Flagstar Bank; Silicon Valley Bank, a Division of First Citizens Bank
- Adviser
- Closed Loop Partners, LLC · New York, NY · CRD 307079
- Reported on
- Oct 18, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Closed Loop Fund II LP
What is the minimum investment for Closed Loop Fund II LP?
According to its adviser's Form ADV filed Oct 18, 2024, the minimum investment Closed Loop Fund II LP accepts is $3,000,000.
Who can invest in Closed Loop Fund II LP?
Closed Loop Fund 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).
How large is Closed Loop Fund II LP?
Its adviser reported $10,434,553 in gross assets on Form ADV filed Oct 18, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Closed Loop Fund II LP?
Closed Loop Fund II LP is advised by Closed Loop Partners, LLC, based in New York, NY.
Who are Closed Loop Fund II LP's service providers?
Its Form ADV lists Cohnreznick LLP as auditor and Socium LLC as administrator.