AltMountain

Sky Island Capital II LP

Dallas, TX · CIK 2009788 · Managed by SKY Island Capital

Sky Island Capital II LP is a private equity fund based in Dallas, Texas. According to its most recent Form D, filed Jan 16, 2025, it has sold $300,000,000 of interests to 36 investors since its first sale in Jan 2024. 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 Jack Waterstreet.

Total raised
$300,000,000Cumulative sales reported on Form D
Investors
36
First sale
Jan 31, 2024
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
Jack Waterstreet
Latest Form D
Jan 16, 2025

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 Sky Island Capital II LP

What is the minimum investment for Sky Island Capital II LP?

Sky Island Capital II LP's latest Form D, filed Jan 16, 2025, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Sky Island Capital II LP?

Sky Island Capital 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 Sky Island Capital II LP raised?

Sky Island Capital II LP reports $300,000,000 sold from 36 investors on its Form D filed Jan 16, 2025. This is cumulative sales since the offering began, not current assets or performance.

Where is Sky Island Capital II LP based?

Sky Island Capital II LP is based in Dallas, Texas and is managed by SKY Island Capital.

When did Sky Island Capital II LP launch?

Sky Island Capital II LP reports its first sale in Jan 2024.

Size compared with every private equity fund

Raised more than 93% of the 1,472 private equity funds based in Texas, and more than 85% of all 9,142 that report sales.

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