SP Technology Payments II, LLC is a private investment fund based in New York, New York. According to its most recent Form D, filed Dec 3, 2025, it has sold $57,500,000 of interests to 7 investors since its first sale in Nov 2022. The minimum investment it accepts from an outside investor is $5,000,000. 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 Daniel Fabian; Stephen Ketchum.
- Total raised
- $57,500,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Nov 15, 2022
- Minimum investment
- $5,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Daniel Fabian; Stephen Ketchum
- Latest Form D
- Dec 3, 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 SP Technology Payments II, LLC
What is the minimum investment for SP Technology Payments II, LLC?
According to its latest Form D, filed Dec 3, 2025, the minimum investment SP Technology Payments II, LLC accepts from an outside investor is $5,000,000.
Who can invest in SP Technology Payments II, LLC?
SP Technology Payments II, LLC 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 SP Technology Payments II, LLC raised?
SP Technology Payments II, LLC reports $57,500,000 sold from 7 investors on its Form D filed Dec 3, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is SP Technology Payments II, LLC based?
SP Technology Payments II, LLC is based in New York, New York.
When did SP Technology Payments II, LLC launch?
SP Technology Payments II, LLC reports its first sale in Nov 2022.
Size compared with every private investment fund
Raised more than 65% of the 2,834 private investment funds based in New York, and more than 64% of all 10,287 that report sales.
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