Form D · Venture Capital Fund

Mairs & Power Ventures Fund II, LP

St. Paul, MN · CIK 0002018100

Offering snapshot reported Nov 10, 2025 · SEC filing

Reported sold: $32.8M
Investors reported: 102
Minimum accepted: $0
First sale: Oct 31, 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$25,175,000 → $32,825,000
Reported investors75 → 102

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Nov 10, 2025	Amendment	$32,825,000	$7,650,000vs Nov 13, 2024	102	SEC filing
Nov 13, 2024	Initial	$25,175,000	No comparison	75	SEC filing

Offering details

Securities: 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: 021-529293

Source: Form D, filed Nov 10, 2025. 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

MAIRS & POWER VENTURES FUND II, LP

Investment adviser: MAIRS AND POWER INC

Gross asset value: $40.1M
Beneficial owners: 112
ADV minimum commitment: $500K

Reported in Form ADV on Apr 20, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHEN & COMPANY, LTD. CLEVELAND, Ohio, United States

Custodian EQUITY TRUST FORT MYERS, Florida, 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

COHEN & COMPANY, LTD.
PCAOB 925

Filing source

Form ADV 2096271 · Apr 20, 2026 · Schedule D 7.B.(1), fund 805-1891503699

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
Mairs & Power Ventures Fund I, LP	Sep 7, 2023	$19,155,000	58
Mairs & Power Ventures Fund II, LP (this fund)	Nov 10, 2025	$32,825,000	102

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
John Bergstrom	Executive
Scott Burns	Executive
Mark Henneman	Executive
Robert Mairs	Executive
N/A Mairs & Power, Inc.	Promoter
N/A M&P Ventures Fund Ii Gp, Llc	Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

30 East 7 Th Street Suite 2500
St. Paul, MN, 55101