Fiber Development Fund II
Fiber Development Fund II is a private investment fund based in Mentor, Ohio. According to its most recent Form D, filed Jun 27, 2023, it has sold $1,250,000 of interests to 1 investor since its first sale in Jun 2023. The minimum investment it accepts from an outside investor is $500,000. 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 Nicholas Hunter.
- Total raised
- $1,250,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Jun 12, 2023
- Minimum investment
- $500,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $50,000,001 - $100,000,000Self-reported
- Key people and entities
- Nicholas Hunter
- Latest Form D
- Jun 27, 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 Fiber Development Fund II
What is the minimum investment for Fiber Development Fund II?
According to its latest Form D, filed Jun 27, 2023, the minimum investment Fiber Development Fund II accepts from an outside investor is $500,000.
Who can invest in Fiber Development Fund II?
Fiber Development Fund II 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 Fiber Development Fund II raised?
Fiber Development Fund II reports $1,250,000 sold from 1 investor on its Form D filed Jun 27, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Fiber Development Fund II based?
Fiber Development Fund II is based in Mentor, Ohio.
When did Fiber Development Fund II launch?
Fiber Development Fund II reports its first sale in Jun 2023.
Size compared with every private investment fund
Raised more than 26% of the 115 private investment funds based in Ohio, and more than 16% of all 10,255 that report sales.