HSI Phaidra II LLC
HSI Phaidra II LLC is a venture capital fund based in Los Angeles, California. According to its most recent Form D, filed Dec 8, 2023, it has sold $805,000 of interests to 4 investors since its first sale in Nov 2023. The minimum investment it accepts from an outside investor is $5,000. 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 Henry Elkus; Helena Special Investments Fund I SPV GP LLC; Samuel Feinburg.
- Total raised
- $805,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Nov 14, 2023
- Minimum investment
- $5,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Henry Elkus; Helena Special Investments Fund I SPV GP LLC; Samuel Feinburg
- Latest Form D
- Dec 8, 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 HSI Phaidra II LLC
What is the minimum investment for HSI Phaidra II LLC?
According to its latest Form D, filed Dec 8, 2023, the minimum investment HSI Phaidra II LLC accepts from an outside investor is $5,000.
Who can invest in HSI Phaidra II LLC?
HSI Phaidra II LLC 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 HSI Phaidra II LLC raised?
HSI Phaidra II LLC reports $805,000 sold from 4 investors on its Form D filed Dec 8, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is HSI Phaidra II LLC based?
HSI Phaidra II LLC is based in Los Angeles, California.
When did HSI Phaidra II LLC launch?
HSI Phaidra II LLC reports its first sale in Nov 2023.
Size compared with every venture capital fund
Raised more than 48% of the 2,222 venture capital funds based in California, and more than 57% of all 14,829 that report sales.