ShoreCap II Ltd is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed Feb 1, 2010, it has sold $250,000 of interests to 6 investors since its first sale in Jan 2010. The minimum investment it accepts from an outside investor is $20,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. Related persons named in the filing include Franklin Kennedy; Kenechukwu Nwosu; Michele Giddens.
- Total raised
- $250,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Jan 29, 2010
- Minimum investment
- $20,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Other exemption
- Key people and entities
- Franklin Kennedy; Kenechukwu Nwosu; Michele Giddens
- Latest Form D
- Feb 1, 2010
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 ShoreCap II Ltd
What is the minimum investment for ShoreCap II Ltd?
According to its latest Form D, filed Feb 1, 2010, the minimum investment ShoreCap II Ltd accepts from an outside investor is $20,000.
Who can invest in ShoreCap II Ltd?
ShoreCap II Ltd is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7).
How much has ShoreCap II Ltd raised?
ShoreCap II Ltd reports $250,000 sold from 6 investors on its Form D filed Feb 1, 2010. This is cumulative sales since the offering began, not current assets or performance.
Where is ShoreCap II Ltd based?
ShoreCap II Ltd is based in Chicago, Illinois.
When did ShoreCap II Ltd launch?
ShoreCap II Ltd reports its first sale in Jan 2010.
Size compared with every private equity fund
Raised more than 48% of the 482 private equity funds based in Illinois, and more than 9% of all 8,896 that report sales.