JMI Equity Fund XII-B, L.P. is a private equity fund based in Baltimore, Maryland. According to its most recent Form D, filed Aug 12, 2025, it has sold $2,900,000,000 of interests to 141 investors since its first sale in Jul 2025. The minimum investment it accepts from an outside investor is $30,000. 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 Peter Arrowsmith; Suken Vakil; Larry Contrella.
- Total raised
- $2,900,000,000Cumulative sales reported on Form D
- Investors
- 141
- First sale
- Jul 31, 2025
- Minimum investment
- $30,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Peter Arrowsmith; Suken Vakil; Larry Contrella
- Latest Form D
- Aug 12, 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 JMI Equity Fund XII-B, L.P.
What is the minimum investment for JMI Equity Fund XII-B, L.P.?
According to its latest Form D, filed Aug 12, 2025, the minimum investment JMI Equity Fund XII-B, L.P. accepts from an outside investor is $30,000.
Who can invest in JMI Equity Fund XII-B, L.P.?
JMI Equity Fund XII-B, 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 JMI Equity Fund XII-B, L.P. raised?
JMI Equity Fund XII-B, L.P. reports $2,900,000,000 sold from 141 investors on its Form D filed Aug 12, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is JMI Equity Fund XII-B, L.P. based?
JMI Equity Fund XII-B, L.P. is based in Baltimore, Maryland.
When did JMI Equity Fund XII-B, L.P. launch?
JMI Equity Fund XII-B, L.P. reports its first sale in Jul 2025.
Size compared with every private equity fund
Raised more than 99% of the 162 private equity funds based in Maryland, and more than 98% of all 9,142 that report sales.
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