Lakestar II LP is a private equity fund based in St. Peter Port, Guernsey. According to its most recent Form D, filed Jun 22, 2015, it has sold $344,420 of interests to 98 investors since its first sale in May 2015. 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 Lakestar II Principals LP; Robert Jones; Lakestar II (G.P.) Limited.
- Total raised
- $344,420Cumulative sales reported on Form D
- Investors
- 98
- First sale
- May 29, 2015
- 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
- Lakestar II Principals LP; Robert Jones; Lakestar II (G.P.) Limited
- Latest Form D
- Jun 22, 2015
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 Lakestar II LP
What is the minimum investment for Lakestar II LP?
Lakestar II LP's latest Form D, filed Jun 22, 2015, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Lakestar II LP?
Lakestar II 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 Lakestar II LP raised?
Lakestar II LP reports $344,420 sold from 98 investors on its Form D filed Jun 22, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Lakestar II LP based?
Lakestar II LP is based in St. Peter Port, Guernsey.
When did Lakestar II LP launch?
Lakestar II LP reports its first sale in May 2015.
Size compared with every private equity fund
Raised more than 68% of the 159 private equity funds based in Guernsey, and more than 12% of all 8,950 that report sales.