AltMountain

ITC Cano 2L LP

New York, NY · CIK 1813328
Status: no Form D since May 2020. 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.

ITC Cano 2L LP is a private equity fund based in New York, New York. According to its most recent Form D, filed May 29, 2020, it has sold $15,000,000 of interests to 26 investors since its first sale in May 2020. The minimum investment it accepts from an outside investor is $15,000. 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 General Partner ITC Rumba Manager, LLC; Managing Member of the General Partner InTandem Capital Partners, LLC.

Total raised
$15,000,000Cumulative sales reported on Form D
Investors
26
First sale
May 29, 2020
Minimum investment
$15,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
General Partner ITC Rumba Manager, LLC; Managing Member of the General Partner InTandem Capital Partners, LLC
Latest Form D
May 29, 2020

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 ITC Cano 2L LP

What is the minimum investment for ITC Cano 2L LP?

According to its latest Form D, filed May 29, 2020, the minimum investment ITC Cano 2L LP accepts from an outside investor is $15,000.

Who can invest in ITC Cano 2L LP?

ITC Cano 2L LP 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 ITC Cano 2L LP raised?

ITC Cano 2L LP reports $15,000,000 sold from 26 investors on its Form D filed May 29, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is ITC Cano 2L LP based?

ITC Cano 2L LP is based in New York, New York.

When did ITC Cano 2L LP launch?

ITC Cano 2L LP reports its first sale in May 2020.

Size compared with every private equity fund

Raised more than 61% of the 3,666 private equity funds based in New York, and more than 47% of all 8,888 that report sales.

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