AltMountain

Upper90 Fund II, LP

New York, NY · CIK 1814313
Status: no Form D since Aug 2021. 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.

Upper90 Fund II, LP is a hedge fund based in New York, New York. According to its most recent Form D, filed Aug 20, 2021, the fund has sold $187,647,500 of interests to 299 investors since its first sale in Aug 2020. 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 Upper90 Partners GP II, LLC; Upper90 Capital Management, LP; William Libby.

Performance

No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.

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Total raised
$187,647,500Cumulative sales reported on Form D
Investors
299
First sale
Aug 7, 2020
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
Upper90 Partners GP II, LLC; Upper90 Capital Management, LP; William Libby
Latest Form D
Aug 20, 2021

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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Upper90 Fund II, LP

What is the minimum investment for Upper90 Fund II, LP?

Upper90 Fund II, LP's latest Form D, filed Aug 20, 2021, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Upper90 Fund II, LP?

Upper90 Fund 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 Upper90 Fund II, LP raised?

Upper90 Fund II, LP reports $187,647,500 sold from 299 investors on its Form D filed Aug 20, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Upper90 Fund II, LP based?

Upper90 Fund II, LP is based in New York, New York.

When did Upper90 Fund II, LP launch?

Upper90 Fund II, LP reports its first sale in Aug 2020.

Size compared with every hedge fund

Raised more than 65% of the 2,524 hedge funds based in New York, and more than 68% of all 10,129 that report sales.

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