AltMountain

Distributed Global Ventures II LP

Los Angeles, CA · CIK 1870409
Status: no Form D since Jul 2021. 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.

Distributed Global Ventures II LP is a private investment fund based in Los Angeles, California. According to its most recent Form D, filed Jul 21, 2021, it has sold $40,000,000 of interests to 50 investors since its first sale in Jul 2021. The minimum investment it accepts from an outside investor is $50,000. 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 Distributed Global Ventures II GP LLC; Tucker Waterman; Distributed Global Ventures II Manager LLC.

Total raised
$40,000,000Cumulative sales reported on Form D
Investors
50
First sale
Jul 6, 2021
Minimum investment
$50,000
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
Distributed Global Ventures II GP LLC; Tucker Waterman; Distributed Global Ventures II Manager LLC
Latest Form D
Jul 21, 2021

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 Distributed Global Ventures II LP

What is the minimum investment for Distributed Global Ventures II LP?

According to its latest Form D, filed Jul 21, 2021, the minimum investment Distributed Global Ventures II LP accepts from an outside investor is $50,000.

Who can invest in Distributed Global Ventures II LP?

Distributed Global Ventures 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 Distributed Global Ventures II LP raised?

Distributed Global Ventures II LP reports $40,000,000 sold from 50 investors on its Form D filed Jul 21, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Distributed Global Ventures II LP based?

Distributed Global Ventures II LP is based in Los Angeles, California.

When did Distributed Global Ventures II LP launch?

Distributed Global Ventures II LP reports its first sale in Jul 2021.

Size compared with every private investment fund

Raised more than 73% of the 1,694 private investment funds based in California, and more than 59% of all 10,190 that report sales.

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