Form D · Private Equity Fund

PrinCal Principal Member Employees Tranche II, LP

Des Moines, IA · CIK 0002120752

Offering snapshot reported Apr 13, 2026 · SEC filing

Reported sold
$1.43M
Indefinite offering
Investors reported
9
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Apr 6, 2026
As reported in this filing

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Apr 13, 2026Initial$1,430,000No comparison9SEC filing

Offering details

Securities
Equity, 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
021-580146

Source: Form D, filed Apr 13, 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

PRINCAL PRINCIPAL MEMBER EMPLOYEES TRANCHE II, LP

Investment adviser: PRINCIPAL REAL ESTATE INVESTORS, LLC

Gross asset value
$385K
Beneficial owners
9
ADV minimum commitment
$25K

Reported in Form ADV on Aug 19, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor DELOITTE & TOUCHE, LLP DES MOINES, Iowa, United States
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
No
Administrator other than the adviser
No
External marketing
No

DELOITTE & TOUCHE, LLP
PCAOB 34

Filing source

Form ADV 2124905 · Aug 19, 2026 · Schedule D 7.B.(1), fund 805-8963533978

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
N/A Prin Cal Principal Member Employees Gp, Llc Promoter
N/A Principal Real Estate Investors, Llc Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
711 High Street
Des Moines, IA, 50392