Series Fund K, a series of UM Pre-IPO Portfolio Fund II LLC

Series Fund K, a series of UM Pre-IPO Portfolio Fund II LLC is an equity offering listed on UpMarket. The issuer is Series Fund K, organized in Delaware, offered under Rule 506(c). The offering carries a 20% carried interest, and a minimum investment of $100,000.

Feeder-into-feeder: Series K invests in Goanna Capital 24BD LLC (Class I) / a separate pooled vehicle (Class II), each managed by an unaffiliated third party, which in turn hold ByteDance Ltd. securities. Manager (Aeterna Capital, fka UpMarket Management) has no control over and has not independently verified the underlying funds; disclaims liability for their materials. Investors hold an interest in the vehicle, not direct shares of the underlying company, which carries its own transfer, information, and fee implications.

The securities are issued by Series Fund K, organized in Delaware. The offering relies on Rule 506(c), which permits advertising but limits sales to verified accredited investors.

It closed on 2026-03-16. AltStreet records its status as funding closed.

The disclosed minimum is $100,000. Eligibility, availability, and the current status of this offering are determined by UpMarket, not by AltStreet.

AltStreet's record shows the offering as funding closed. AltStreet tracks this offering from platform disclosures, last captured 2026-05-22. Offering status changes without a corresponding filing in many cases, so current availability should be confirmed directly with UpMarket before acting.