Form D · Private Equity Fund

NewSpring Franchise Capital II, L.P.

Radnor, PA · CIK 0001957518

Offering snapshot reported Dec 14, 2023 · SEC filing

Reported sold
$17.2M
Offering amount: $100M
Investors reported
44
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Mar 31, 2023
As reported in this filing

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported investors0 → 44

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Dec 14, 2023Amendment$17,200,000No comparison44SEC filing
Dec 14, 2022InitialYet to sellNo comparison0SEC 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
021-467358

Source: Form D, filed Dec 14, 2023. 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

NEWSPRING FRANCHISE CAPITAL II, LP

Investment adviser: NSV II MANAGEMENT COMPANY, LLC

Gross asset value
$68M
Beneficial owners
57
ADV minimum commitment
$250K

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

Service providers

Auditor BAKER TILLY PHILADELPHIA, Pennsylvania, United States
Custodian BANC OF CALIFORNIA DURHAM, North Carolina, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

BAKER TILLY
PCAOB 23

Filing source

Form ADV 2075868 · Mar 30, 2026 · Schedule D 7.B.(1), fund 805-2701688474

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 Di Piano Executive
New Spring Capital, Llc Promoter
Nsf Ii Gp, Llc Executive
Nsf Ii Management Company, Llc Promoter
Satya Ponnuru Executive
Patrick Sugrue Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
555 E. Lancaster Avenue 3 Rd Floor
Radnor, PA, 19087