Form D · Venture Capital Fund

Velvet Sea Venture Capital Fund II, LP

West Palm Beach, FL · CIK 0001895688

Offering snapshot reported Nov 29, 2021 · SEC filing

Reported sold: $69.1M
Investors reported: 46
Minimum accepted: $50K
First sale: Nov 23, 2021

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
Nov 29, 2021	Initial	$69,100,000	No comparison	46	SEC 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: 021-422610

Source: Form D, filed Nov 29, 2021. 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

VELVET SEA VENTURE CAPITAL FUND II LP

Investment adviser: VSV MANAGEMENT, LLC

Gross asset value: $110M
Beneficial owners: 74
ADV minimum commitment: $50K

Reported in Form ADV on Apr 9, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor PLANTE MORAN PLLC AUBURN HILLS, Michigan, United States

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

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 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: No
External marketing: No

PLANTE MORAN PLLC
PCAOB 166

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

Filing source

Form ADV 2093415 · Apr 9, 2026 · Schedule D 7.B.(1), fund 805-6719024496

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
Velvet Sea Venture Capital Fund LP	Aug 16, 2021	$90,800,000	46
Velvet Sea Venture Capital Fund II, LP (this fund)	Nov 29, 2021	$69,100,000	46

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 Giampetroni	Director, Executive
Matthew Giampetroni	Director, Executive
Michael Lazerow	Director, Executive
Kathryn Lazerow	Director, Executive
Katherine Q Rosa	Director, Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

801 Northpoint Parkway Suite 129
West Palm Beach, FL, 33407