Usit II LC I, LP
Venture Capital FundFund ID 805-7245627620Delaware, United States
Gross assets
$11.6M
Min. investment
$1M
Beneficial owners
4
Size rank
Top 76%
Audited
Yes
Structure
Standalone
About this fund
Usit II LC I, LP is a venture capital fund managed by US Innovative Technology Capital Management, LLC. The fund reports $11.6 million in gross assets, placing it among the top 76% of private funds by size. The stated minimum investment is $1 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 | 805-7245627620 |
| Fund type | Venture Capital Fund |
| 3(c)(1) exclusion | No |
| 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 |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Usit Holdco Pc1 LLC | Venture Capital | $3.35B |
| US Innovative Technology Parallel Fund, LP | Private Equity | $2.98B |
| Usit II Holdco Pc1 LLC | Venture Capital | $835.9M |
See all 6 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Usit II LC I, LP?
Usit II LC I, LP reports $11.6 million in gross assets, among the top 76% of private funds by size.
What is the minimum investment for Usit II LC I, LP?
The stated minimum investment is $1 million.
Who manages Usit II LC I, LP?
Usit II LC I, LP is managed by US Innovative Technology Capital Management, LLC.
Does Usit II LC I, LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
U
Moon Township, PA
Service providers
Prime broker
None reported
Custodian
Administrator
Auditor
Reported gross assets
$11.6MNo change
Mar '26Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 76%
Larger than 24% of 67,041 private funds
Gross assets vs Venture Capital FundsTop 57%
Larger than 43% of 5,217 venture capital funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum
Investor base
Adviser & related persons%
Funds of funds%
Non-U.S. persons41%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.