Spectrum HP II, LLC is a real estate fund based in Austin, Texas. According to its most recent Form D, filed Mar 20, 2019, it has sold $11,506,375 of interests to 19 investors since its first sale in Nov 2018. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Richard Hill; D. Lance Jr; John Simmons.
- Total raised
- $11,506,375Cumulative sales reported on Form D
- Investors
- 19
- First sale
- Nov 28, 2018
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Richard Hill; D. Lance Jr; John Simmons
- Latest Form D
- Mar 20, 2019
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 Spectrum HP II, LLC
What is the minimum investment for Spectrum HP II, LLC?
According to its latest Form D, filed Mar 20, 2019, the minimum investment Spectrum HP II, LLC accepts from an outside investor is $50,000.
Who can invest in Spectrum HP II, LLC?
Spectrum HP II, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Spectrum HP II, LLC raised?
Spectrum HP II, LLC reports $11,506,375 sold from 19 investors on its Form D filed Mar 20, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Spectrum HP II, LLC based?
Spectrum HP II, LLC is based in Austin, Texas.
When did Spectrum HP II, LLC launch?
Spectrum HP II, LLC reports its first sale in Nov 2018.
Size compared with every real estate fund
Raised more than 87% of the 1,420 real estate funds based in Texas, and more than 81% of all 7,351 that report sales.