Variant Equity II, LP
Variant Equity II, LP is a private equity fund based in Los Angeles, California. According to its most recent Form D, filed Aug 20, 2019, it has sold $102,000,000 of interests to 4 investors since its first sale in Jul 2019. The minimum investment it accepts from an outside investor is $2,000,000. 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 Variant Equity GP II, LLC.
- Total raised
- $102,000,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Jul 31, 2019
- Minimum investment
- $2,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Variant Equity GP II, LLC
- Latest Form D
- Aug 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 Variant Equity II, LP
What is the minimum investment for Variant Equity II, LP?
According to its latest Form D, filed Aug 20, 2019, the minimum investment Variant Equity II, LP accepts from an outside investor is $2,000,000.
Who can invest in Variant Equity II, LP?
Variant Equity 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 Variant Equity II, LP raised?
Variant Equity II, LP reports $102,000,000 sold from 4 investors on its Form D filed Aug 20, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Variant Equity II, LP based?
Variant Equity II, LP is based in Los Angeles, California.
When did Variant Equity II, LP launch?
Variant Equity II, LP reports its first sale in Jul 2019.
Size compared with every private equity fund
Raised more than 87% of the 1,740 private equity funds based in California, and more than 73% of all 8,896 that report sales.