Fic II, LP is a private equity fund based in Houston, Texas. According to its most recent Form D, filed Feb 25, 2026, it has sold $20,730,000 of interests to 10 investors since its first sale in Oct 2024. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Fic II GP, LP; FIC II Upper GP, LLC; Cay Freihofer.
- Total raised
- $20,730,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Oct 21, 2024
- 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
- Fic II GP, LP; FIC II Upper GP, LLC; Cay Freihofer
- Latest Form D
- Feb 25, 2026
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 Fic II, LP
What is the minimum investment for Fic II, LP?
Fic II, LP's latest Form D, filed Feb 25, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Fic II, LP?
Fic 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 Fic II, LP raised?
Fic II, LP reports $20,730,000 sold from 10 investors on its Form D filed Feb 25, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Fic II, LP based?
Fic II, LP is based in Houston, Texas.
When did Fic II, LP launch?
Fic II, LP reports its first sale in Oct 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private equity fund
Raised more than 73% of the 1,472 private equity funds based in Texas, and more than 52% of all 9,142 that report sales.