Variant Fund II, LP is a venture capital fund based in Miami, Florida. According to its most recent Form D, filed Oct 21, 2021, it has sold $100,000,000 of interests to 111 investors since its first sale in Apr 2021. 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 Jesse Walden; a Delaware limited liability company Variant Fund II GP, LLC.
- Total raised
- $100,000,000Cumulative sales reported on Form D
- Investors
- 111
- First sale
- Apr 20, 2021
- 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
- Jesse Walden; a Delaware limited liability company Variant Fund II GP, LLC
- Latest Form D
- Oct 21, 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. 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 Fund II, LP
What is the minimum investment for Variant Fund II, LP?
Variant Fund II, LP's latest Form D, filed Oct 21, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Variant Fund II, LP?
Variant 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 Variant Fund II, LP raised?
Variant Fund II, LP reports $100,000,000 sold from 111 investors on its Form D filed Oct 21, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Variant Fund II, LP based?
Variant Fund II, LP is based in Miami, Florida.
When did Variant Fund II, LP launch?
Variant Fund II, LP reports its first sale in Apr 2021.
Size compared with every venture capital fund
Raised more than 98% of the 568 venture capital funds based in Florida, and more than 98% of all 14,829 that report sales.