AltMountain

Ecp Galactic II LP

Offshore
Status: no Form D since Nov 2022. 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.

Ecp Galactic II LP is a venture capital fund based in Toronto, Canada (federal Level). According to its most recent Form D, filed Nov 3, 2022, it has sold $6,000,000 of interests to 38 investors since its first sale in Apr 2022. The minimum investment it accepts from an outside investor is $100,000. 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 Sohail Lalani.

Total raised
$6,000,000Cumulative sales reported on Form D
Investors
38
First sale
Apr 6, 2022
Minimum investment
$100,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Sohail Lalani
Latest Form D
Nov 3, 2022

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 Ecp Galactic II LP

What is the minimum investment for Ecp Galactic II LP?

According to its latest Form D, filed Nov 3, 2022, the minimum investment Ecp Galactic II LP accepts from an outside investor is $100,000.

Who can invest in Ecp Galactic II LP?

Ecp Galactic 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 Ecp Galactic II LP raised?

Ecp Galactic II LP reports $6,000,000 sold from 38 investors on its Form D filed Nov 3, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Ecp Galactic II LP based?

Ecp Galactic II LP is based in Toronto, Canada (federal Level).

When did Ecp Galactic II LP launch?

Ecp Galactic II LP reports its first sale in Apr 2022.

Size compared with every venture capital fund

Raised more than 0% of the 1 venture capital funds based in Canada (federal Level), and more than 84% of all 14,800 that report sales.

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