Form D · Venture Capital Fund

True Equity II L.P.

Yarmouth, ME · CIK 0001983398

Offering snapshot reported Jun 29, 2023 · SEC filing

Reported sold: Yet to sell
Investors reported: 0
Minimum accepted: $0
First sale: Yet to occur

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jun 29, 2023	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.1
Duration over one year: No
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-485618

Source: Form D, filed Jun 29, 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

TRUE EQUITY II L.P.

Investment adviser: TRUE EQUITY MANAGEMENT II LLC

Gross asset value: $34.5M
Beneficial owners: 75
ADV minimum commitment: $50K

Reported in Form ADV on Mar 25, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator CARTA PALO ALTO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA, P.C. PHILADELPHIA, Pennsylvania, United States

Provider details

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

BDO USA, P.C.
PCAOB 243

Filing source

Form ADV 2082007 · Mar 25, 2026 · Schedule D 7.B.(1), fund 805-1426787662

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
True Equity I L.P.	Dec 28, 2021	$46,820,000	88
True Equity II L.P. (this fund)	Jun 29, 2023	Yet to sell	0
True Equity III L.P.	Apr 14, 2026	Yet to sell	0

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
General Partner True Equity Ii Gp Llc	Promoter
Investment Manager True Equity Management Ii Llc	Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

314 Littlejohn Road
Yarmouth, ME, 04096