Prime Set Group II, LLC
Prime Set Group II, LLC is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Dec 28, 2023, it has sold $6,445,000 of interests to 38 investors since its first sale in Dec 2023. 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 Babak Hamadani.
- Total raised
- $6,445,000Cumulative sales reported on Form D
- Investors
- 38
- First sale
- Dec 19, 2023
- 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
- Babak Hamadani
- Latest Form D
- Dec 28, 2023
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 Prime Set Group II, LLC
What is the minimum investment for Prime Set Group II, LLC?
Prime Set Group II, LLC's latest Form D, filed Dec 28, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Prime Set Group II, LLC?
Prime Set Group II, 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 Prime Set Group II, LLC raised?
Prime Set Group II, LLC reports $6,445,000 sold from 38 investors on its Form D filed Dec 28, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Prime Set Group II, LLC based?
Prime Set Group II, LLC is based in San Francisco, California.
When did Prime Set Group II, LLC launch?
Prime Set Group II, LLC reports its first sale in Dec 2023.
Size compared with every venture capital fund
Raised more than 70% of the 2,224 venture capital funds based in California, and more than 84% of all 14,840 that report sales.