Transition Equity Partners II, LP
Transition Equity Partners II, LP is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed Jun 25, 2026, it has sold $21,700,000 of interests to 18 investors since its first sale in Jun 2026. 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(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Patrick Eilers.
- Total raised
- $21,700,000Cumulative sales reported on Form D
- Investors
- 18
- First sale
- Jun 17, 2026
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Patrick Eilers
- Latest Form D
- Jun 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 Transition Equity Partners II, LP
What is the minimum investment for Transition Equity Partners II, LP?
Transition Equity Partners II, LP's latest Form D, filed Jun 25, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Transition Equity Partners II, LP?
Transition Equity Partners 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Transition Equity Partners II, LP raised?
Transition Equity Partners II, LP reports $21,700,000 sold from 18 investors on its Form D filed Jun 25, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Transition Equity Partners II, LP based?
Transition Equity Partners II, LP is based in Chicago, Illinois and is managed by Transition Equity Partners, LLC.
When did Transition Equity Partners II, LP launch?
Transition Equity Partners II, LP reports its first sale in Jun 2026, 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 61% of the 491 private equity funds based in Illinois, and more than 53% of all 9,142 that report sales.