Form D · Other Investment Fund

First Principles Group Fund II OCISLY, LLC

Chicago, IL · CIK 0001933111

Offering snapshot reported Nov 14, 2022 · SEC filing

Reported sold
$35.9M
Offering amount: $35.9M
Investors reported
112
Form D · investor count
Minimum accepted
$50.6K
Reported outside-investor minimum
First sale
May 26, 2022
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$18M$35.9MJun 9, 2022: $30,375,000.00Jun 9, 2022Nov 14, 2022: $35,943,750.00Nov 14, 2022

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$30,375,000 → $35,943,750
  • Reported investors94 → 112

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Nov 14, 2022Amendment$35,943,750$5,568,750vs Jun 9, 2022112SEC filing
Jun 9, 2022Initial$30,375,000No comparison94SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
No
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-448616
Updating to reflect 2nd close.

Source: Form D, filed Nov 14, 2022. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

FIRST PRINCIPLES GROUP FUND II OCISLY, LLC

Investment adviser: FIRST PRINCIPLES GROUP MANAGEMENT, LLC

Gross asset value
$181M
Beneficial owners
112
ADV minimum commitment
$50.6K

Reported in Form ADV on May 13, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator CARTA INVESTOR SERVICES, INC. SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor FRANK, RIMERMAN + CO. LLP SAN JOSE, California, United States
Custodian BREX TREASURY LLC DRAPER, Utah, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

FRANK, RIMERMAN + CO. LLP
PCAOB 1596

BREX TREASURY LLC
SEC 8-70251

Filing source

Form ADV 2104383 · May 13, 2026 · Schedule D 7.B.(1), fund 805-9053692338

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Michael Friedberg Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
333 W Wacker Drive Suite 1700
Chicago, IL, 60606