Form D · Hedge Fund

iCapital - Millennium Drawdown Fund II, Ltd.

New York, NY · CIK 0002049276

Offering snapshot reported Jan 15, 2026 · SEC filing

Reported sold: $82.8M
Investors reported: 232
Minimum accepted: $0
First sale: Dec 6, 2024

Fundraising history

Reported sold

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$82,655,000 → $82,777,052
Reported investors233 → 232

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jan 15, 2026	Amendment	$82,777,052	$122,052vs Dec 23, 2024	232	SEC filing
Dec 23, 2024	Initial	$82,655,000	No comparison	233	SEC filing

Offering details

Securities: Equity, Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-533122

Private placement clients of Rockefeller Financial LLC ("RF") who choose to be Brokerage LPs are required to pay (i) an upfront fee directly to RF and (ii) an ongoing quarterly fee out of the balance of their capital account (fees are then paid to RF).

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
Rockefeller Financial LLC	291361

Source: Form D, filed Jan 15, 2026. 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

ICAPITAL - MILLENNIUM DRAWDOWN FUND II, LTD

Investment adviser: ICAPITAL ADVISORS, LLC

Gross asset value: $27.1M
Beneficial owners: 233
ADV minimum commitment: $250K

Reported in Form ADV on Sep 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator BANK OF NEW YORK MELLON NEW YORK, New York, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor KPMG LLP NEW YORK, New York, United States

Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Marketer ROCKEFELLER CAPITAL MANAGEMENT NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

KPMG LLP
PCAOB 185

ROCKEFELLER CAPITAL MANAGEMENT
CRD 294197 · SEC 801-113009

Filing source

Form ADV 2135827 · Sep 30, 2026 · Schedule D 7.B.(1), fund 805-9117735590

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

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
iCapital - Millennium Drawdown Fund, L.P.	Dec 9, 2025	$249,014,938	289
iCapital - Millennium Drawdown Fund, Ltd.	Dec 9, 2025	$67,269,138	212
iCapital - Millennium Drawdown Fund II, Ltd. (this fund)	Jan 15, 2026	$82,777,052	232

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
Name	Reported role
Campbell Congdon	Director
I Capital Advisors, Llc	Promoter
Max Schwartz	Executive
Michael Stanton	Executive
Martin Steyn	Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

C/O Compliance Department 60 East 42 Nd Street, 28 Th Floor
New York, NY, 10165