AltMountain

Glean Tech Fund II LP

West Hollywood, CA · CIK 1766954
Status: no Form D since Feb 2019. 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.

Glean Tech Fund II LP is a private equity fund based in West Hollywood, California. According to its most recent Form D, filed Feb 15, 2019, it has sold $96,950,000 of interests to 27 investors since its first sale in Jan 2019. The minimum investment it accepts from an outside investor is $1. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Partners LLC Glean Capital; Management LP Glean; Levi Nagel.

Total raised
$96,950,000Cumulative sales reported on Form D
Investors
27
First sale
Jan 3, 2019
Minimum investment
$1
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Partners LLC Glean Capital; Management LP Glean; Levi Nagel
Latest Form D
Feb 15, 2019

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 Glean Tech Fund II LP

What is the minimum investment for Glean Tech Fund II LP?

According to its latest Form D, filed Feb 15, 2019, the minimum investment Glean Tech Fund II LP accepts from an outside investor is $1.

Who can invest in Glean Tech Fund II LP?

Glean Tech Fund II LP 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(b), which does not allow general advertising.

How much has Glean Tech Fund II LP raised?

Glean Tech Fund II LP reports $96,950,000 sold from 27 investors on its Form D filed Feb 15, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Glean Tech Fund II LP based?

Glean Tech Fund II LP is based in West Hollywood, California.

When did Glean Tech Fund II LP launch?

Glean Tech Fund II LP reports its first sale in Jan 2019.

Size compared with every private equity fund

Raised more than 87% of the 1,744 private equity funds based in California, and more than 72% of all 8,896 that report sales.

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