PEP Fund 2, LLC
PEP Fund 2, LLC is a venture capital fund based in Gilbert, Arizona. According to its most recent Form D, filed Oct 20, 2015, it has sold $1,600,000 of interests to 11 investors since its first sale in Jul 2013. The minimum investment it accepts from an outside investor is $50,000. 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 Ray Croghan; Philip Myers.
- Total raised
- $1,600,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Jul 11, 2013
- Minimum investment
- $50,000
- 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
- Ray Croghan; Philip Myers
- Latest Form D
- Oct 20, 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 PEP Fund 2, LLC
What is the minimum investment for PEP Fund 2, LLC?
According to its latest Form D, filed Oct 20, 2015, the minimum investment PEP Fund 2, LLC accepts from an outside investor is $50,000.
Who can invest in PEP Fund 2, LLC?
PEP Fund 2, LLC 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 PEP Fund 2, LLC raised?
PEP Fund 2, LLC reports $1,600,000 sold from 11 investors on its Form D filed Oct 20, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is PEP Fund 2, LLC based?
PEP Fund 2, LLC is based in Gilbert, Arizona.
When did PEP Fund 2, LLC launch?
PEP Fund 2, LLC reports its first sale in Jul 2013.
Size compared with every venture capital fund
Raised more than 68% of the 34 venture capital funds based in Arizona, and more than 68% of all 14,800 that report sales.