AltMountain

Pershing Square II, L.P.

New York, NY · CIK 1324922
506(c)
Status: no Form D since Nov 2018. 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.

Pershing Square II, L.P. is a hedge fund based in New York, New York. According to its most recent Form D, filed Nov 9, 2018, the fund has sold $99,188,713 of interests to 93 investors since its first sale in Jan 2005. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include William Ackman; Pershing Square GP, LLC.

Performance

No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.

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Total raised
$99,188,713Cumulative sales reported on Form D
Investors
93
First sale
Jan 1, 2005
Minimum investment
None set
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
William Ackman; Pershing Square GP, LLC
Latest Form D
Nov 9, 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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Pershing Square II, L.P.

What is the minimum investment for Pershing Square II, L.P.?

Pershing Square II, L.P.'s latest Form D, filed Nov 9, 2018, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Pershing Square II, L.P.?

Pershing Square II, L.P. 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(c), so it may advertise, but every investor must be verified as accredited.

How much has Pershing Square II, L.P. raised?

Pershing Square II, L.P. reports $99,188,713 sold from 93 investors on its Form D filed Nov 9, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is Pershing Square II, L.P. based?

Pershing Square II, L.P. is based in New York, New York.

When did Pershing Square II, L.P. launch?

Pershing Square II, L.P. reports its first sale in Jan 2005.

Size compared with every hedge fund

Raised more than 55% of the 2,524 hedge funds based in New York, and more than 57% of all 10,128 that report sales.

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