SEC filing record
Primary Source · SEC.gov

PARKERGALE CAPITAL II, LP

Fund Vehicle2018 vintageRule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7)Filing record

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

Pre-open

Investors

—

Min Invest

None stated

AltStreet Verified Issuer badge

Is this your company or fund? Claim this page free, or verify it and carry the Verified Issuer mark.

What this filing shows

·

Every sentence is a value as filed on SEC Form D

PARKERGALE CAPITAL II, LP is a Delaware limited partnership organized in 2018 that filed a Form D with the SEC on November 8, 2018, describing itself as a private equity fund. The offering claims Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) and covers equity and pooled investment fund interests. PARKERGALE CAPITAL II, LP reported that the first sale had not yet occurred as of the Form D filed November 8, 2018, so no amount sold or investor count is on file. The total offering amount is $350,000,000. 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. The filing checks both Section 3(c)(1), which caps the fund at 100 beneficial owners, and Section 3(c)(7), which requires every investor to be a qualified purchaser, generally an individual with at least $5 million in investments. A fund normally relies on one or the other. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated. The Form D names SHANNON ADVISORS LLC (CRD 150305), associated with None as the recipient of sales compensation soliciting in AL, CA, CO, DC, FL, GA, IL, MA, NJ, NY, OH, TX, WI. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates. The issuer's address of record is 159 North Sangamon Street, 4th Floor, Chicago, IL 60607.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001757680
Entity NamePARKERGALE CAPITAL II, LP
ExemptionRule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising. Section 3(c) of the Investment Company Act of 1940: the issuer is a pooled investment vehicle relying on an exclusion from registration as an investment company. Section 3(c)(1) of the Investment Company Act: the fund is excluded from investment-company registration because it has no more than 100 beneficial owners. Section 3(c)(7) of the Investment Company Act: the fund is excluded from investment-company registration because every investor is a qualified purchaser, generally an individual with at least $5 million in investments or an institution with at least $25 million.
Entity TypeLimited Partnership
Jurisdiction of OrganizationDelaware
Year Organized2018
Issuer Address159 North Sangamon Street, 4th Floor, Chicago, IL 60607
Phone(312) 698-6300
Industry / Fund TypePooled Investment Fund · Private Equity Fund
Investment Company ActExcluded under Section 3(c)(1) (100 beneficial owners or fewer) and Section 3(c)(7) (qualified purchasers only) (both boxes checked on the filing)
Securities TypeEquity, Pooled investment fund interests
First Sale DateNot yet occurred (as filed)
Filing DateNovember 8, 2018
Accession Number0001757680-18-000001
Total Offering Amount$350,000,000
Total Amount Sold$0 (no sales yet)
Amount Remaining$350,000,000
Total Investors0 (no sales yet)
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationOne year or less
Sales Commissions$0 (to SHANNON ADVISORS LLC)
Finders' Fees$0
Revenue RangeDecline to Disclose
State (Issuer Address)IL
Amendment CountOriginal filing only

Filings 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

pre_sale

Open in the terminal Watch this issuerInvestor $149/mo unlocks the values; Pro $349/mo adds the universe.

Fund family Part of the PARKERGALE CAPITAL family: 3 vehicles across 2 generations · adviser of record Parkergale, 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…

Adviser of Record (Form ADV)

Parkergale, LLC

CRD 284237 · SEC-registered adviser · lists this fund on Schedule D 7.B.(1) as a private equity fund

Auditor named on Form ADV: Plante Moran PLLC · PCAOB-registered per the adviser

From the adviser's Form ADV as loaded from the SEC bulk data, joined on this issuer's Form D file number. Fund-level figures and the adviser's full fund roster are in the terminal.

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

DEVIN MATHEWS

Executive Officer, Promoter · CHICAGO, IL

KRISTINA HEINZE

Executive Officer, Promoter · CHICAGO, IL

JAMES F. MILBERY

Executive Officer, Promoter · CHICAGO, IL

DAVID RYAN MILLIGAN

Executive Officer, Promoter · CHICAGO, IL

COREY RYAN DOSSETT

Executive Officer, Promoter · CHICAGO, IL

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.

SHANNON ADVISORS LLCCRD 150305 on BrokerCheck

Associated broker-dealer: None · LAKE FOREST, IL · Soliciting in AL, CA, CO, DC, FL, GA, IL, MA, NJ, NY, OH, TX, WI

Questions About PARKERGALE CAPITAL II, LP

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is PARKERGALE CAPITAL II, LP?

PARKERGALE CAPITAL II, LP is a Delaware limited partnership organized in 2018 that filed a Form D with the SEC on November 8, 2018 as a private equity fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) for an offering of equity and pooled investment fund interests.

Is PARKERGALE CAPITAL II, LP legit?

AltStreet does not rate legitimacy; it reports the public record. PARKERGALE CAPITAL II, LP filed a Form D with the SEC on November 8, 2018 claiming Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. No sales had been reported as of that notice. 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 PARKERGALE CAPITAL II, LP 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 PARKERGALE CAPITAL II, LP claimed Rule 506(b), Section 3(c), Section 3(c)(1), 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 PARKERGALE CAPITAL II, LP raised?

PARKERGALE CAPITAL II, LP reported that the first sale had not yet occurred as of the Form D filed November 8, 2018, so no amount sold or investor count is on file. The total offering amount is $350,000,000.

Who can invest in PARKERGALE CAPITAL II, LP?

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. The filing checks both Section 3(c)(1), which caps the fund at 100 beneficial owners, and Section 3(c)(7), which requires every investor to be a qualified purchaser, generally an individual with at least $5 million in investments. A fund normally relies on one or the other. 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 PARKERGALE CAPITAL II, LP?

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 PARKERGALE CAPITAL II, LP and how are they paid?

The Form D names SHANNON ADVISORS LLC (CRD 150305), associated with None as the recipient of sales compensation soliciting in AL, CA, CO, DC, FL, GA, IL, MA, NJ, NY, OH, TX, WI. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.

Who is behind PARKERGALE CAPITAL II, LP?

The Form D lists 5 related persons: DEVIN MATHEWS, executive officer, promoter; KRISTINA HEINZE, executive officer, promoter; JAMES F. MILBERY, executive officer, promoter; DAVID RYAN MILLIGAN, executive officer, promoter; COREY RYAN DOSSETT, executive officer, promoter. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is PARKERGALE CAPITAL II, LP located?

The issuer's address on its SEC filings is 159 North Sangamon Street, 4th Floor, Chicago, IL 60607. Its phone number of record is (312) 698-6300. It is organized under the laws of Delaware.

How long is the PARKERGALE CAPITAL II, LP offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.

How large is PARKERGALE CAPITAL II, LP?

The issuer declined to disclose its revenue range on the Form D, which the form permits.

AltStreet Verified Issuer badge

Is this your company or fund?

Free claim: add your contact details, website, team and a description to this page. The filed facts stay as filed.

Verified Issuer, $480 a year: AltStreet checks the identity of your company and the authority of the person claiming it against your filings, confirms your contact details on a stated date and again at each renewal, and marks the page so people researching you find a current, attributed profile beside the public filing record. It is not a review of any offering.

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.