IDEA Fund II, LP is a venture capital fund based in Durham, North Carolina. According to its most recent Form D, filed Aug 16, 2013, it has sold $8,151,515 of interests to 16 investors since its first sale in Aug 2013. The minimum investment it accepts from an outside investor is $20,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. Related persons named in the filing include John Cambier; Lister Delgado.
- Total raised
- $8,151,515Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Aug 2, 2013
- Minimum investment
- $20,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Other exemption
- Key people and entities
- John Cambier; Lister Delgado
- Latest Form D
- Aug 16, 2013
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 IDEA Fund II, LP
What is the minimum investment for IDEA Fund II, LP?
According to its latest Form D, filed Aug 16, 2013, the minimum investment IDEA Fund II, LP accepts from an outside investor is $20,000.
Who can invest in IDEA Fund II, LP?
IDEA 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).
How much has IDEA Fund II, LP raised?
IDEA Fund II, LP reports $8,151,515 sold from 16 investors on its Form D filed Aug 16, 2013. This is cumulative sales since the offering began, not current assets or performance.
Where is IDEA Fund II, LP based?
IDEA Fund II, LP is based in Durham, North Carolina.
When did IDEA Fund II, LP launch?
IDEA Fund II, LP reports its first sale in Aug 2013.
Size compared with every venture capital fund
Raised more than 86% of the 120 venture capital funds based in North Carolina, and more than 86% of all 14,829 that report sales.