NextPower II LP is a private equity fund based in London, United Kingdom. According to its most recent Form D, filed Dec 11, 2018, it has sold $264,039,031 of interests to 9 investors since its first sale in Nov 2018. 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 NextPower II GP Limited; NextEnergy Capital IM Limited; Michael Bonte-Friedheim.
- Total raised
- $264,039,031Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Nov 23, 2018
- 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
- NextPower II GP Limited; NextEnergy Capital IM Limited; Michael Bonte-Friedheim
- Latest Form D
- Dec 11, 2018
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 NextPower II LP
What is the minimum investment for NextPower II LP?
NextPower II LP's latest Form D, filed Dec 11, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in NextPower II LP?
NextPower II 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 NextPower II LP raised?
NextPower II LP reports $264,039,031 sold from 9 investors on its Form D filed Dec 11, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is NextPower II LP based?
NextPower II LP is based in London, United Kingdom.
When did NextPower II LP launch?
NextPower II LP reports its first sale in Nov 2018.
Size compared with every private equity fund
Raised more than 92% of the 86 private equity funds based in United Kingdom, and more than 84% of all 8,889 that report sales.