At a glance
- The Form D classifies the fund in the pooled investment fund industry group as an other investment fund.
- For advisers tracking pooled private-markets fundraising, the $10.2 million is a running figure as of the Nov. 2 filing, not a share of a stated target, because the offering amount is indefinite.
- An earlier Alternatives story reported a similar disclosure from AP Maverick's co-invest fund, which showed $13.2 million sold as of an Oct. 23 Form D.
Validus Direct Opportunities Fund II LLC has sold $10.2 million, according to a Form D filed with the SEC on Nov. 2.
The Form D classifies the fund in the pooled investment fund industry group as an other investment fund. Validus Capital LLC is named as the fund's manager or sponsor on record. The total offering amount is listed as indefinite, and the first sale was dated Oct. 19.
For advisers tracking pooled private-markets fundraising, the $10.2 million is a running figure as of the Nov. 2 filing, not a share of a stated target, because the offering amount is indefinite. Subsequent Form D amendments would update the amount.
An earlier Alternatives story reported a similar disclosure from AP Maverick's co-invest fund, which showed $13.2 million sold as of an Oct. 23 Form D.
Reported by the Raises & Launches desk from SEC EDGAR and Alternatives archive. Published . Corrections