PA Direct Credit Opportunities Fund II, L.P.
Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.
Raised
$691M
Investors
262
Min Invest
None stated
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What this filing shows
·Every sentence is a value as filed on SEC Form D
PA Direct Credit Opportunities Fund II, L.P. is a Delaware limited partnership organized in 2014 that first filed a Form D on October 20, 2014 and most recently amended it on May 10, 2017, describing itself as a private equity fund. The offering claims Rule 506(b), Section 3(c), Section 3(c)(7) and covers equity and pooled investment fund interests. PA Direct Credit Opportunities Fund II, L.P. reported $690,611,800 sold from 262 investors in an offering of indefinite size as of the Form D filed May 10, 2017. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated. The Form D names Eaton Partners, LLC (CRD 31170), associated with None; Lytton Financial Inc., associated with None; Greenstone Group FZC, associated with None; Mirae Asset Securities Co., Ltd., associated with None and 4 others as recipients of sales compensation soliciting in CA, CT, NJ, NY, OH, PA. Sales commissions are reported as $452,548 and finders' fees as $0. Form D allows these to be estimates. The issuer's address of record is C/O Portfolio Advisors, LLC, 9 Old Kings Highway South, Darien, CT 06820.
Critical Disclosures
What the filings and the regulators have said about this entity that a reader should know first. Each line links to its source. The history, the same event across other issuers, and alerts are in the terminal.
Reporting lapsed · Form D · last filing May 10, 2017
Offering declared to continue beyond a year; annual amendment 13+ months overdue An issuer that stops filing is the case the going-concern flag cannot catch: the report that would have carried it was never filed.
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
In the Terminal
Filing events
0
none on file
Critical / warning
0 / 0
0 watch · 0 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
dark
Fund family Part of the PA Direct Credit Opportunities Fund family: 5 vehicles across 3 generations · adviser of record Portfolio Advisors LLC · full family and the filing behind each link in the terminal
Investor
- The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
Pro
- This issuer against its cohort: rank by velocity and share raised among offerings filed the same quarter
- The same events, statements and NAV moves across every issuer, screenable, with unlimited watches and CSV
Counts and dates above are the free record. The values, the series and the comparisons are the seat. Loading your view…
Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
PADCOF II GP, LLC
Executive Officer · Darien, CT
The General Partner of the Issuers
William J. Indelicato
Executive Officer · Darien, CT
Managing Member of the General Partner
J. Portfolio Advisors, LLC
Promoter · Darien, CT
Investment Manager
Placement Agents and Sales Compensation (Form D)
Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.
Eaton Partners, LLCCRD 31170 on BrokerCheck
Associated broker-dealer: None · ROWAYTON, CT · Soliciting in CA, CT, NJ, NY, OH, PA
Lytton Financial Inc.
Associated broker-dealer: None · TORONTO, A6 and outside the United States
Greenstone Group FZC
Associated broker-dealer: None · DUBAI, C0 and outside the United States
Mirae Asset Securities Co., Ltd.
Associated broker-dealer: None · SEOUL, M5 and outside the United States
Bhargava Wealth Management LLCCRD 131817 on BrokerCheck
Associated broker-dealer: None · FRANKLIN LAKES, NJ and outside the United States
Trium Capital International
Associated broker-dealer: None · EDIFICIO VALLARINO, R1 and outside the United States
Equus Financial Consulting LLCCRD 131449 on BrokerCheck
Associated broker-dealer: None · NEW CANAAN, CT · Soliciting in AL, AZ, CA, CO, CT, DE, FL, GA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, NC, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TX, VA, WA, WI
Stifel, Nicolaus & Company, IncorporatedCRD 793 on BrokerCheck
Associated broker-dealer: None · ST. LOUIS, MO · Soliciting in all states
Questions About PA Direct Credit Opportunities Fund II, L.P.
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is PA Direct Credit Opportunities Fund II, L.P.?
PA Direct Credit Opportunities Fund II, L.P. is a Delaware limited partnership organized in 2014 that filed a Form D with the SEC on May 10, 2017 as a private equity fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(7) for an offering of equity and pooled investment fund interests.
Is PA Direct Credit Opportunities Fund II, L.P. legit?
AltStreet does not rate legitimacy; it reports the public record. PA Direct Credit Opportunities Fund II, L.P. filed a Form D with the SEC on May 10, 2017 claiming Rule 506(b), Section 3(c), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $690,611,800 sold to 262 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is PA Direct Credit Opportunities Fund II, L.P. registered with or approved by the SEC?
No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that PA Direct Credit Opportunities Fund II, L.P. claimed Rule 506(b), Section 3(c), Section 3(c)(7) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has PA Direct Credit Opportunities Fund II, L.P. raised?
PA Direct Credit Opportunities Fund II, L.P. reported $690,611,800 sold from 262 investors in an offering of indefinite size as of the Form D filed May 10, 2017.
Who can invest in PA Direct Credit Opportunities Fund II, L.P.?
The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated.
What is the minimum investment in PA Direct Credit Opportunities Fund II, L.P.?
The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.
Who is selling PA Direct Credit Opportunities Fund II, L.P. and how are they paid?
The Form D names Eaton Partners, LLC (CRD 31170), associated with None; Lytton Financial Inc., associated with None; Greenstone Group FZC, associated with None; Mirae Asset Securities Co., Ltd., associated with None and 4 others as recipients of sales compensation soliciting in CA, CT, NJ, NY, OH, PA. Sales commissions are reported as $452,548 and finders' fees as $0. Form D allows these to be estimates.
Who is behind PA Direct Credit Opportunities Fund II, L.P.?
The Form D lists 3 related persons: PADCOF II GP, LLC, executive officer (The General Partner of the Issuers); William J. Indelicato, executive officer (Managing Member of the General Partner); J. Portfolio Advisors, LLC, promoter (Investment Manager). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is PA Direct Credit Opportunities Fund II, L.P. located?
The issuer's address on its SEC filings is C/O Portfolio Advisors, LLC, 9 Old Kings Highway South, Darien, CT 06820. Its phone number of record is (203) 662-3456. It is organized under the laws of Delaware.
How long is the PA Direct Credit Opportunities Fund II, L.P. offering open?
The issuer indicated that the offering is intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 3 amendments are on record for this CIK.
How large is PA Direct Credit Opportunities Fund II, L.P.?
The issuer declined to disclose its revenue range on the Form D, which the form permits.
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Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.