AltMountain

VPC Preferred II LLC

Winter Park, FL · CIK 1927046
Status: no Form D since Jan 2023. 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.

VPC Preferred II LLC is a private equity fund based in Winter Park, Florida. According to its most recent Form D, filed Jan 23, 2023, it has sold $16,927,000 of interests to 63 investors since its first sale in Apr 2022. The minimum investment it accepts from an outside investor is $5,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Aaron Stearns.

Total raised
$16,927,000Cumulative sales reported on Form D
Investors
63
First sale
Apr 19, 2022
Minimum investment
$5,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Aaron Stearns
Latest Form D
Jan 23, 2023

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 VPC Preferred II LLC

What is the minimum investment for VPC Preferred II LLC?

According to its latest Form D, filed Jan 23, 2023, the minimum investment VPC Preferred II LLC accepts from an outside investor is $5,000.

Who can invest in VPC Preferred II LLC?

VPC Preferred II LLC 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). It uses Rule 506(b), which does not allow general advertising.

How much has VPC Preferred II LLC raised?

VPC Preferred II LLC reports $16,927,000 sold from 63 investors on its Form D filed Jan 23, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is VPC Preferred II LLC based?

VPC Preferred II LLC is based in Winter Park, Florida.

When did VPC Preferred II LLC launch?

VPC Preferred II LLC reports its first sale in Apr 2022.

Size compared with every private equity fund

Raised more than 82% of the 782 private equity funds based in Florida, and more than 49% of all 8,896 that report sales.

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