Piper Sandler Merchant Banking Fund II, LP
Private Equity FundFund ID 805-5345453193Delaware, United States
Gross assets
$98M
Min. investment
$5M
Beneficial owners
82
Size rank
Top 44%
Audited
Yes
Structure
Standalone
About this fund
Piper Sandler Merchant Banking Fund II, LP is a private equity fund managed by Psc Capital Partners LLC. The fund reports $98 million in gross assets, placing it among the top 44% of private funds by size. The stated minimum investment is $5 million. 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 | 805-5345453193 |
| Fund type | Private Equity 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 | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Piper Sandler Merchant Banking Fund III, L.P. | Private Equity | $83.1M |
| Piper Sandler Merchant Banking Fund III Employee, L.P. | Private Equity | $35.9M |
| Piper Sandler Merchant Banking Fund I, LP | Private Equity | $22M |
See all 5 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Piper Sandler Merchant Banking Fund II, LP?
Piper Sandler Merchant Banking Fund II, LP reports $98 million in gross assets, among the top 44% of private funds by size.
What is the minimum investment for Piper Sandler Merchant Banking Fund II, LP?
The stated minimum investment is $5 million.
Who manages Piper Sandler Merchant Banking Fund II, LP?
Piper Sandler Merchant Banking Fund II, LP is managed by Psc Capital Partners LLC.
Does Piper Sandler Merchant Banking Fund II, LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
P
Minneapolis, MN
Service providers
Reported gross assets
$98M▼ 11%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 44%
Larger than 56% of 67,041 private funds
Gross assets vs Private Equity FundsTop 40%
Larger than 60% of 31,066 private equity funds
Minimum investmentTop 17%
Higher than 83% of funds reporting a minimum
Investor base
Adviser & related persons37%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.