AltMountain

Tech Council Ventures II LP

New Brunswick, NJ · CIK 1701869
Status: no Form D since Mar 2019. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Tech Council Ventures II LP is a venture capital fund based in New Brunswick, New Jersey. According to its most recent Form D, filed Mar 20, 2019, it has sold $38,937,500 of interests to 88 investors since its first sale in Apr 2017. 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 James Gunton; New Jersey Technology Council, Inc; Stephen Socolof.

Total raised
$38,937,500Cumulative sales reported on Form D
Investors
88
First sale
Apr 20, 2017
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
James Gunton; New Jersey Technology Council, Inc; Stephen Socolof
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 Tech Council Ventures II LP

What is the minimum investment for Tech Council Ventures II LP?

Tech Council Ventures II LP's latest Form D, filed Mar 20, 2019, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Tech Council Ventures II LP?

Tech Council Ventures 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 Tech Council Ventures II LP raised?

Tech Council Ventures II LP reports $38,937,500 sold from 88 investors on its Form D filed Mar 20, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Tech Council Ventures II LP based?

Tech Council Ventures II LP is based in New Brunswick, New Jersey.

When did Tech Council Ventures II LP launch?

Tech Council Ventures II LP reports its first sale in Apr 2017.

Size compared with every venture capital fund

Raised more than 94% of the 87 venture capital funds based in New Jersey, and more than 95% of all 14,865 that report sales.

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