IOV Value-Add PF Fund II, L.P. is a real estate fund based in Rosemont, Illinois. According to its most recent Form D, filed Jun 20, 2025, it has sold $24,024,400 of interests to 9 investors since its first sale in Apr 2024. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include David Firth; Jon Bilton; Tom Barbera.
- Total raised
- $24,024,400Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Apr 5, 2024
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- David Firth; Jon Bilton; Tom Barbera
- Latest Form D
- Jun 20, 2025
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 IOV Value-Add PF Fund II, L.P.
What is the minimum investment for IOV Value-Add PF Fund II, L.P.?
IOV Value-Add PF Fund II, L.P.'s latest Form D, filed Jun 20, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in IOV Value-Add PF Fund II, L.P.?
IOV Value-Add PF Fund II, L.P. is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has IOV Value-Add PF Fund II, L.P. raised?
IOV Value-Add PF Fund II, L.P. reports $24,024,400 sold from 9 investors on its Form D filed Jun 20, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is IOV Value-Add PF Fund II, L.P. based?
IOV Value-Add PF Fund II, L.P. is based in Rosemont, Illinois.
When did IOV Value-Add PF Fund II, L.P. launch?
IOV Value-Add PF Fund II, L.P. reports its first sale in Apr 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 86% of the 479 real estate funds based in Illinois, and more than 89% of all 7,321 that report sales.