L Capital II Parallel LP
L Capital II Parallel LP is a private equity fund based in San Francisco, California. According to its most recent Form D, filed Jul 27, 2021, it has sold $500,000 of interests to 2 investors since its first sale in Jul 2021. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Simon Francis; Barton Foster.
- Total raised
- $500,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Jul 15, 2021
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Simon Francis; Barton Foster
- Latest Form D
- Jul 27, 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 L Capital II Parallel LP
What is the minimum investment for L Capital II Parallel LP?
L Capital II Parallel LP's latest Form D, filed Jul 27, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in L Capital II Parallel LP?
L Capital II Parallel 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). It uses Rule 506(b), which does not allow general advertising.
How much has L Capital II Parallel LP raised?
L Capital II Parallel LP reports $500,000 sold from 2 investors on its Form D filed Jul 27, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is L Capital II Parallel LP based?
L Capital II Parallel LP is based in San Francisco, California.
When did L Capital II Parallel LP launch?
L Capital II Parallel LP reports its first sale in Jul 2021.
Size compared with every private equity fund
Raised more than 48% of the 1,742 private equity funds based in California, and more than 15% of all 8,883 that report sales.