Deepwater Late-Stage Fund II
Venture Capital FundFund ID 805-2749848209Delaware, United States
Gross assets
$9.9M
Min. investment
$50K
Beneficial owners
99
Size rank
Top 78%
Audited
Yes
Structure
Standalone
About this fund
Deepwater Late-Stage Fund II is a venture capital fund managed by Deepwater Asset Management, LLC. The fund reports $9.9 million in gross assets, placing it among the top 78% of private funds by size. The stated minimum investment is $50,000. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-2749848209 |
| Fund type | Venture Capital Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Loup Ventures Fund I LP | Venture Capital | $76M |
| Deepwater SPV II LP | Venture Capital | $62.8M |
| Deepwater Public-Private Fund, LP | Hedge | $51.3M |
| Deepwater Vermillion Fund LP | Venture Capital | $47.9M |
| Deepwater Venture Fund II, LP | Venture Capital | $42.3M |
| Deepwater SPV IV LP | Venture Capital | $14.3M |
Frequently asked questions
How large is Deepwater Late-Stage Fund II?
Deepwater Late-Stage Fund II reports $9.9 million in gross assets, among the top 78% of private funds by size.
What is the minimum investment for Deepwater Late-Stage Fund II?
The stated minimum investment is $50,000.
Who manages Deepwater Late-Stage Fund II?
Deepwater Late-Stage Fund II is managed by Deepwater Asset Management, LLC.
Does Deepwater Late-Stage Fund II disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
Minneapolis, MN
Service providers
How this fund compares
Gross assetsTop 78%
Larger than 22% of 67,603 private funds
Gross assets vs Venture Capital FundsTop 60%
Larger than 40% of 5,300 venture capital funds
Minimum investmentTop 85%
Higher than 15% of funds reporting a minimum
Investor base
Adviser & related persons6%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.