AltMountain

Initialized Superclass II L.P.

San Francisco, CA · CIK 1815927
Status: no Form D since Dec 2021. 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.

Initialized Superclass II L.P. is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Dec 16, 2021, it has sold $170,000,000 of interests to 73 investors since its first sale in Dec 2021. The filing does not set a minimum investment. 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 Garry Tan.

Total raised
$170,000,000Cumulative sales reported on Form D
Investors
73
First sale
Dec 9, 2021
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Garry Tan
Latest Form D
Dec 16, 2021

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 Initialized Superclass II L.P.

What is the minimum investment for Initialized Superclass II L.P.?

Initialized Superclass II L.P.'s latest Form D, filed Dec 16, 2021, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Initialized Superclass II L.P.?

Initialized Superclass 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). It uses Rule 506(b), which does not allow general advertising.

How much has Initialized Superclass II L.P. raised?

Initialized Superclass II L.P. reports $170,000,000 sold from 73 investors on its Form D filed Dec 16, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Initialized Superclass II L.P. based?

Initialized Superclass II L.P. is based in San Francisco, California.

When did Initialized Superclass II L.P. launch?

Initialized Superclass II L.P. reports its first sale in Dec 2021.

Size compared with every venture capital fund

Raised more than 96% of the 2,224 venture capital funds based in California, and more than 99% of all 14,835 that report sales.

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