Ascendant Capital Fund II LP
Ascendant Capital Fund II LP is a private equity fund based in Los Angeles, California. According to its most recent Form D, filed Mar 19, 2025, it has sold $529,506,000 of interests to 146 investors since its first sale in Apr 2023. The minimum investment it accepts from an outside investor is $100,000. 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 Russell Gimelstob.
- Total raised
- $529,506,000Cumulative sales reported on Form D
- Investors
- 146
- First sale
- Apr 28, 2023
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Russell Gimelstob
- Latest Form D
- Mar 19, 2025
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 Ascendant Capital Fund II LP
What is the minimum investment for Ascendant Capital Fund II LP?
According to its latest Form D, filed Mar 19, 2025, the minimum investment Ascendant Capital Fund II LP accepts from an outside investor is $100,000.
Who can invest in Ascendant Capital Fund II LP?
Ascendant Capital 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 Ascendant Capital Fund II LP raised?
Ascendant Capital Fund II LP reports $529,506,000 sold from 146 investors on its Form D filed Mar 19, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Ascendant Capital Fund II LP based?
Ascendant Capital Fund II LP is based in Los Angeles, California.
When did Ascendant Capital Fund II LP launch?
Ascendant Capital Fund II LP reports its first sale in Apr 2023.
Size compared with every private equity fund
Raised more than 96% of the 1,777 private equity funds based in California, and more than 90% of all 9,142 that report sales.