Dev Equity II, LP
Dev Equity II, LP is a private equity fund based in Tucson. According to its most recent Form D, filed Jan 8, 2021, it has sold $6,900,000 of interests to 12 investors since its first sale in Jan 2018. The filing does not set a minimum investment. 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 Not Applicable Dev Equity Partners II LLC; Forrest Metz Jr.
- Total raised
- $6,900,000Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Jan 2, 2018
- Minimum investment
- None set
- 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
- Not Applicable Dev Equity Partners II LLC; Forrest Metz Jr
- Latest Form D
- Jan 8, 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 Dev Equity II, LP
What is the minimum investment for Dev Equity II, LP?
Dev Equity II, LP's latest Form D, filed Jan 8, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Dev Equity II, LP?
Dev Equity II, LP 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 Dev Equity II, LP raised?
Dev Equity II, LP reports $6,900,000 sold from 12 investors on its Form D filed Jan 8, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Dev Equity II, LP based?
Dev Equity II, LP is based in Tucson.
When did Dev Equity II, LP launch?
Dev Equity II, LP reports its first sale in Jan 2018.