Prisma Select Fund II LP
Prisma Select Fund II LP is a hedge fund based in Newport Beach, California. According to its most recent Form D, filed Sep 27, 2021, the fund has sold $172,759,070 of interests to 85 investors since its first sale in Jan 2005. 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 Prisma Capital Partners I, LP; Prisma Capital Partners LP; Prisma Capital Partners I, 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
- $172,759,070Cumulative sales reported on Form D
- Investors
- 85
- First sale
- Jan 1, 2005
- 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
- Prisma Capital Partners I, LP; Prisma Capital Partners LP; Prisma Capital Partners I, LLC
- Latest Form D
- Sep 27, 2021
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 Prisma Select Fund II LP
What is the minimum investment for Prisma Select Fund II LP?
Prisma Select Fund II LP's latest Form D, filed Sep 27, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Prisma Select Fund II LP?
Prisma Select Fund 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 Prisma Select Fund II LP raised?
Prisma Select Fund II LP reports $172,759,070 sold from 85 investors on its Form D filed Sep 27, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Prisma Select Fund II LP based?
Prisma Select Fund II LP is based in Newport Beach, California.
When did Prisma Select Fund II LP launch?
Prisma Select Fund II LP reports its first sale in Jan 2005.
Size compared with every hedge fund
Raised more than 75% of the 1,049 hedge funds based in California, and more than 67% of all 10,127 that report sales.