AltMountain

Diversified Value Preferred II, LP

New York, NY · CIK 1989193
Status: no Form D since Aug 2023. 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.

Diversified Value Preferred II, LP is a private equity fund based in New York, New York. According to its most recent Form D, filed Aug 9, 2023, it has sold $434,177,601 of interests to 3 investors since its first sale in Jul 2023. 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 Anthony Cusano; Scott Halper; Banner Ridge Fund IV GP, LLC.

Total raised
$434,177,601Cumulative sales reported on Form D
Investors
3
First sale
Jul 24, 2023
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
Anthony Cusano; Scott Halper; Banner Ridge Fund IV GP, LLC
Latest Form D
Aug 9, 2023

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 Diversified Value Preferred II, LP

What is the minimum investment for Diversified Value Preferred II, LP?

Diversified Value Preferred II, LP's latest Form D, filed Aug 9, 2023, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Diversified Value Preferred II, LP?

Diversified Value Preferred 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 Diversified Value Preferred II, LP raised?

Diversified Value Preferred II, LP reports $434,177,601 sold from 3 investors on its Form D filed Aug 9, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Diversified Value Preferred II, LP based?

Diversified Value Preferred II, LP is based in New York, New York.

When did Diversified Value Preferred II, LP launch?

Diversified Value Preferred II, LP reports its first sale in Jul 2023.

Size compared with every private equity fund

Raised more than 90% of the 3,668 private equity funds based in New York, and more than 89% of all 8,918 that report sales.

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