Tricrest Royalty Partners II LP is a private equity fund based in Dallas, Texas. According to its most recent Form D, filed Mar 13, 2026, it has sold $95,792,500 of interests to 73 investors since its first sale in Feb 2025. 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 Tricrest Management LLC; Tricrest Management II MR LP; Edward Banner III.
- Total raised
- $95,792,500Cumulative sales reported on Form D
- Investors
- 73
- First sale
- Feb 10, 2025
- 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
- Tricrest Management LLC; Tricrest Management II MR LP; Edward Banner III
- Latest Form D
- Mar 13, 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 Tricrest Royalty Partners II LP
What is the minimum investment for Tricrest Royalty Partners II LP?
According to its latest Form D, filed Mar 13, 2026, the minimum investment Tricrest Royalty Partners II LP accepts from an outside investor is $100,000.
Who can invest in Tricrest Royalty Partners II LP?
Tricrest Royalty Partners 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 Tricrest Royalty Partners II LP raised?
Tricrest Royalty Partners II LP reports $95,792,500 sold from 73 investors on its Form D filed Mar 13, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Tricrest Royalty Partners II LP based?
Tricrest Royalty Partners II LP is based in Dallas, Texas.
When did Tricrest Royalty Partners II LP launch?
Tricrest Royalty Partners II LP reports its first sale in Feb 2025.
Size compared with every private equity fund
Raised more than 85% of the 1,472 private equity funds based in Texas, and more than 72% of all 9,142 that report sales.