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Project Black Sparta II Inclusion Co-Investment LLC

Private Equity FundFund ID 805-4369938535Delaware, United States
Gross assets
$91.9M
Min. investment
$100M
Beneficial owners
1
Size rank
Top 45%
Audited
Yes
Structure
Standalone

About this fund

Project Black Sparta II Inclusion Co-Investment LLC is a private equity fund managed by Ariel Alternatives, LLC. The fund reports $91.9 million in gross assets, placing it among the top 45% of private funds by size. The stated minimum investment is $100 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 ID805-4369938535
Fund typePrivate Equity Fund
3(c)(1) exclusionYes
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
Sales limited to qualified investorsYes
% of assets independently valued0%

Other funds from this manager

FundTypeGross assets
Project Black, LPPrivate Equity$1.19B
Groome Pb Co-Invest Aggregator, LLCPrivate Equity$176.5M
Project Black Coordinated Participation Fund, LPPrivate Equity$102.2M
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Frequently asked questions

How large is Project Black Sparta II Inclusion Co-Investment LLC?

Project Black Sparta II Inclusion Co-Investment LLC reports $91.9 million in gross assets, among the top 45% of private funds by size.

What is the minimum investment for Project Black Sparta II Inclusion Co-Investment LLC?

The stated minimum investment is $100 million.

Who manages Project Black Sparta II Inclusion Co-Investment LLC?

Project Black Sparta II Inclusion Co-Investment LLC is managed by Ariel Alternatives, LLC.

Does Project Black Sparta II Inclusion Co-Investment LLC disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

Service providers

Prime broker
None reported
Auditor

Reported gross assets

$91.9M▼ 6%
Jan '25 — $97.5MFeb '25 — $97.5MMar '25 — $98.1MApr '25 — $98.1MMay '25 — $98.1MJun '25 — $98.1MJul '25 — $98.1MAug '25 — $98.1MSep '25 — $98.1MOct '25 — $98.1MNov '25 — $98.1MDec '25 — $98.1MJan '26 — $98.1MFeb '26 — $98.1MMar '26 — $91.9MApr '26 — $91.9MMay '26 — $91.9MJun '26 — $91.9M
Jan '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 45%
Larger than 55% of 67,041 private funds
Gross assets vs Private Equity FundsTop 42%
Larger than 58% of 31,066 private equity funds
Minimum investmentTop 2%
Higher than 98% of funds reporting a minimum

Investor base

Adviser & related persons%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.