Floating Point II, L.P.
Floating Point II, L.P. is a venture capital fund organized in Delaware, United States and advised by Floating Point Advisors LLC. Its adviser reported $63,923,362 in gross assets for the fund on Form ADV, filed Apr 30, 2024. It reported 64 beneficial owners, about 11% of it owned by non-U.S. persons. The minimum investment it accepts is $10,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $63,923,362As reported on Form ADV
- Beneficial owners
- 64
- Minimum investment
- $10,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Auditor
- Frank, Rimmerman & Co.
- Administrator
- Aduro Advisors, LLC
- Adviser
- Floating Point Advisors LLC · CRD 310440
- Reported on
- Apr 30, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Floating Point II, L.P.
What is the minimum investment for Floating Point II, L.P.?
According to its adviser's Form ADV filed Apr 30, 2024, the minimum investment Floating Point II, L.P. accepts is $10,000.
Who can invest in Floating Point II, L.P.?
Floating Point II, L.P. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7).
How large is Floating Point II, L.P.?
Its adviser reported $63,923,362 in gross assets on Form ADV filed Apr 30, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Floating Point II, L.P.?
Floating Point II, L.P. is advised by Floating Point Advisors LLC.
Who are Floating Point II, L.P.'s service providers?
Its Form ADV lists Frank, Rimmerman & Co. as auditor and Aduro Advisors, LLC as administrator.