Prep II LP is a private investment fund based in George Town, Grand Cayman, Cayman Islands. Its most recent Form D, filed May 24, 2019, reports no sales yet. 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 PREP GP II Limited.
- Total raised
- $0Cumulative sales reported on Form D
- Investors
- 0
- First sale
- —
- 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
- PREP GP II Limited
- Latest Form D
- May 24, 2019
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 Prep II LP
What is the minimum investment for Prep II LP?
Prep II LP's latest Form D, filed May 24, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Prep II LP?
Prep 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 Prep II LP raised?
Prep II LP's latest Form D, filed May 24, 2019, reports no sales yet.
Where is Prep II LP based?
Prep II LP is based in George Town, Grand Cayman, Cayman Islands.
Size compared with every private investment fund
This fund hasn't reported any sales yet.