Opal Fund II, LP has recently filed with the SEC to initiate a new offering, aiming to raise a total of $15 million. This move is significant as it underscores the ongoing interest and activity within the venture capital sector.
Opal Fund II, LP is a limited partnership incorporated in Delaware. The fund is classified under the pooled investment fund industry group, specifically as a venture capital fund. The company’s business address is located at 16192 Coastal Highway, Lewes, Delaware, while its mailing address is in Berkeley, California.
The SEC filing indicates that the offering is structured under Rule 506(b), which provides a safe harbor for private offerings. The filing, dated October 20, 2026, specifies that the total offering amount is set at $15 million, with no funds raised to date. The minimum investment accepted is $0, allowing for broader participation from potential investors.
According to the filing, the issuer's general partner, Opal Fund II GP, LLC, is responsible for managing the fund, while Opal Venture Partners, LLC serves as the investment adviser. The filing also lists John Owen Nathaniel Willis as the managing member of the general partner.
The filing notes that the offering duration is expected to exceed one year, and the date of the first sale is yet to occur. This indicates that Opal Fund II, LP is in the early stages of attracting investors for this venture capital initiative.
This offering may attract a variety of investors interested in the venture capital space, particularly those looking to invest in pooled investment funds. Given the current economic climate, the interest in venture capital funds may continue to grow as investors seek opportunities in emerging markets.
The filing does not specify what the next steps will be for Opal Fund II, LP following this offering announcement.