AltMountain

Patron Fund II, L.P.

Santa Monica, CA · CIK 1982971
Status: no Form D since Aug 2024. 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.

Patron Fund II, L.P. is a venture capital fund based in Santa Monica, California. According to its most recent Form D, filed Aug 30, 2024, it has sold $88,151,515 of interests to 46 investors since its first sale in Sep 2023. 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 Jason Yeh; Brian Cho.

Total raised
$88,151,515Cumulative sales reported on Form D
Investors
46
First sale
Sep 1, 2023
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
Jason Yeh; Brian Cho
Latest Form D
Aug 30, 2024

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 Patron Fund II, L.P.

What is the minimum investment for Patron Fund II, L.P.?

Patron Fund II, L.P.'s latest Form D, filed Aug 30, 2024, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Patron Fund II, L.P.?

Patron Fund II, 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 Patron Fund II, L.P. raised?

Patron Fund II, L.P. reports $88,151,515 sold from 46 investors on its Form D filed Aug 30, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is Patron Fund II, L.P. based?

Patron Fund II, L.P. is based in Santa Monica, California.

When did Patron Fund II, L.P. launch?

Patron Fund II, L.P. reports its first sale in Sep 2023.

Size compared with every venture capital fund

Raised more than 94% of the 2,216 venture capital funds based in California, and more than 98% of all 14,800 that report sales.

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