DVC Fund II LLC is a private equity fund based in Austin, Texas. According to its most recent Form D, filed Nov 29, 2017, it has sold $17,000 of interests to 5 investors since its first sale in Nov 2017. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include William Clark; Tyler Gray.
- Total raised
- $17,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Nov 13, 2017
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- William Clark; Tyler Gray
- Latest Form D
- Nov 29, 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 DVC Fund II LLC
What is the minimum investment for DVC Fund II LLC?
DVC Fund II LLC's latest Form D, filed Nov 29, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in DVC Fund II LLC?
DVC 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(c), so it may advertise, but every investor must be verified as accredited.
How much has DVC Fund II LLC raised?
DVC Fund II LLC reports $17,000 sold from 5 investors on its Form D filed Nov 29, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is DVC Fund II LLC based?
DVC Fund II LLC is based in Austin, Texas.
When did DVC Fund II LLC launch?
DVC Fund II LLC reports its first sale in Nov 2017.
Size compared with every private equity fund
Raised more than 43% of the 1,404 private equity funds based in Texas, and more than 1% of all 8,918 that report sales.