TPB II, LP
TPB II, LP is a venture capital fund organized in Delaware, United States and advised by TPB Management LLC. Its adviser reported $49,851,494 in gross assets for the fund on Form ADV, filed Mar 6, 2024. It reported 32 beneficial owners, about 22% of it owned by non-U.S. persons. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $49,851,494As reported on Form ADV
- Beneficial owners
- 32
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Custodian
- First Republic Bank
- Adviser
- TPB Management LLC · SAN Francisco, CA · CRD 326417
- Reported on
- Mar 6, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about TPB II, LP
What is the minimum investment for TPB II, LP?
Its adviser's Form ADV, filed Mar 6, 2024, does not set a minimum investment for TPB II, LP. The offering documents may still require one.
Who can invest in TPB II, LP?
TPB II, LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1).
How large is TPB II, LP?
Its adviser reported $49,851,494 in gross assets on Form ADV filed Mar 6, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages TPB II, LP?
TPB II, LP is advised by TPB Management LLC, based in SAN Francisco, CA.