Spectrum Equity X-B, 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
$2.0B
Investors
55
Min Invest
None stated
What this filing shows
·Every sentence is a value as filed on SEC Form D
Spectrum Equity X-B, L.P. is a Delaware limited partnership that filed a Form D with the SEC on August 3, 2022, describing itself as a private equity fund. The offering claims Rule 506(b), Section 3(c), Section 3(c)(7) and covers pooled investment fund interests. Spectrum Equity X-B, L.P. reported $2,000,000,000 sold from 55 investors of a $2,000,000,000 total offering as of the Form D filed August 3, 2022. 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 no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly. The issuer's address of record is One International Place, Suite 3520, Boston, MA 02110.
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.
Fund Family
Every vehicle in this manager's series as it appears on EDGAR, newest generation first. Sold-to-date and investor counts are each vehicle's latest Form D.
Fund family
Spectrum Equity12 vehicles · 4 generations · since 2017 · $4.38B sold across the family · 4 pension performance reports
Held by CalSTRS $465.0M across 4 generations (public pension disclosures)
This issuer is in Fund X · Fund IX is the prior generation
| Vehicle | Role | First filed | Status | Sold | Investors |
|---|---|---|---|---|---|
| Fund XI · first filed 2026-10-09 · 3 vehicles · $2.38B sold · 55 investors | |||||
| Spectrum Equity XI-B, L.P. | sleeve B | 2026-10-09 | closed | $2.38Bcombined | 55 |
| Spectrum Equity XI-C, L.P. | sleeve C | 2026-10-09 | closed | $2.38Bcombinedshared | 52 |
| Spectrum Equity XI-A, L.P. | sleeve A | 2026-10-09 | closed | $2.38Bcombinedshared | 61 |
| Fund X · first filed 2022-08-03 · 3 vehicles · $2.00B sold · 65 investors | |||||
| Held by CalSTRS $125.0M | |||||
| CalSTRSnet IRR -8.5%multiple 0.94xDPI n/mon $125.0M committedas of 2025-06-30source ↗ | |||||
| Spectrum Equity X-B, L.P.this issuer | sleeve B | 2022-08-03 | closed | $2.00Bshared | 55 |
| Spectrum Equity X-A, L.P. | sleeve A | 2022-08-03 | closed | $2.00B | 65 |
| Spectrum Equity X-C, L.P. | sleeve C | 2022-08-03 | closed | $2.00Bshared | 89 |
| Fund IX · first filed 2020-04-08 · 3 vehicles | |||||
| Held by CalSTRS $125.0M | |||||
| CalSTRSnet IRR 4.5%multiple 1.15xDPI 0.11xon $125.0M committedas of 2025-06-30source ↗ | |||||
| Spectrum Equity IX-A, L.P. | sleeve A | 2020-04-08 | pre sale | $0 | 0 |
| Spectrum Equity IX-C, L.P. | sleeve C | 2020-04-08 | pre sale | $0 | 0 |
| Spectrum Equity IX-B, L.P. | sleeve B | 2020-04-08 | pre sale | $0 | 0 |
| Fund VIII · first filed 2017-10-03 · 3 vehicles | |||||
| Held by CalSTRS $110.0M | |||||
| CalSTRSnet IRR 29.6%multiple 2.30xDPI 1.45xon $110.0M committedas of 2025-06-30source ↗ | |||||
| Spectrum Equity VIII-C, L.P. | sleeve C | 2017-10-03 | pre sale | $0 | 0 |
| Spectrum Equity VIII-B, L.P. | sleeve B | 2017-10-03 | pre sale | $0 | 0 |
| Spectrum Equity VIII-A, L.P. | sleeve A | 2017-10-03 | pre sale | $0 | 0 |
| Fund VII · vintage 2014 · no Form D vehicle in the ledger | |||||
| Held by CalSTRS $105.0M | |||||
| CalSTRSnet IRR 37.2%multiple 3.73xDPI 2.82xon $105.0M committedas of 2025-06-30source ↗ | |||||
Grouped from Form D issuer names (generation, sleeve, jurisdiction and legal-form tokens removed); a name-only match, so abbreviated or renamed vehicles can be missed. Sold and investor figures are each vehicle's latest Form D; sleeves that report the same figure share one family-wide total and are counted once. Performance lines are what a public pension plan reports for its own interest in that fund, net, on the plan's cash flows and valuation date; they are not the general partner's figures.
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
closed
Investor
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
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Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Spectrum Equity Associates X, L.P.
Executive Officer · Boston, MA
General Partner of the Issuer
SEA X Management, LLC
Executive Officer · Boston, MA
General Partner of the General Partner of the Issuer
John Connolly
Executive Officer · San Francisco, CA
Managing Director of the General Partner of the Issuer's General Partner
Ronan Cunningham
Executive Officer · Boston, MA
Managing Director of the General Partner of the Issuer's General Partner
Michael W. Farrell
Executive Officer · Boston, MA
Managing Director of the General Partner of the Issuer's General Partner
Jeffrey C. Haywood
Executive Officer · Boston, MA
Managing Director of the General Partner of the Issuer's General Partner
Peter T. Jensen
Executive Officer · San Francisco, CA
Managing Director of the General Partner of the Issuer's General Partner
Stephen M. LeSieur
Executive Officer · San Francisco, CA
Managing Director of the General Partner of the Issuer's General Partner
Adam J. Margolin
Executive Officer · Boston, MA
Managing Director of the General Partner of the Issuer's General Partner
Christopher T. Mitchell
Executive Officer · Boston, MA
Managing Director of the General Partner of the Issuer's General Partner
Leah J. Palmer
Executive Officer · San Francisco, CA
Managing Director of the General Partner of the Issuer's General Partner
Victor E. Parker, Jr.
Executive Officer · San Francisco, CA
Managing Director of the General Partner of the Issuer's General Partner
Brian E. Regan
Executive Officer · San Francisco, CA
Managing Director of the General Partner of the Issuer's General Partner
Benjamin C. Spero
Executive Officer · San Francisco, CA
Managing Director of the General Partner of the Issuer's General Partner
Questions About Spectrum Equity X-B, 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 Spectrum Equity X-B, L.P.?
Spectrum Equity X-B, L.P. is a Delaware limited partnership that filed a Form D with the SEC on August 3, 2022 as a private equity fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(7) for an offering of pooled investment fund interests.
Is Spectrum Equity X-B, L.P. legit?
AltStreet does not rate legitimacy; it reports the public record. Spectrum Equity X-B, L.P. filed a Form D with the SEC on August 3, 2022 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 $2,000,000,000 sold to 55 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 Spectrum Equity X-B, 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 Spectrum Equity X-B, 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 Spectrum Equity X-B, L.P. raised?
Spectrum Equity X-B, L.P. reported $2,000,000,000 sold from 55 investors of a $2,000,000,000 total offering as of the Form D filed August 3, 2022.
Who can invest in Spectrum Equity X-B, 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 Spectrum Equity X-B, 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 Spectrum Equity X-B, L.P. and how are they paid?
The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly.
Who is behind Spectrum Equity X-B, L.P.?
The Form D lists 14 related persons: Spectrum Equity Associates X, L.P., executive officer (General Partner of the Issuer); SEA X Management, LLC, executive officer (General Partner of the General Partner of the Issuer); John Connolly, executive officer (Managing Director of the General Partner of the Issuer's General Partner); Ronan Cunningham, executive officer (Managing Director of the General Partner of the Issuer's General Partner); Michael W. Farrell, executive officer (Managing Director of the General Partner of the Issuer's General Partner); Jeffrey C. Haywood, executive officer (Managing Director of the General Partner of the Issuer's General Partner); Peter T. Jensen, executive officer (Managing Director of the General Partner of the Issuer's General Partner); Stephen M. LeSieur, executive officer (Managing Director of the General Partner of the Issuer's General Partner), and 6 more. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is Spectrum Equity X-B, L.P. located?
The issuer's address on its SEC filings is One International Place, Suite 3520, Boston, MA 02110. Its phone number of record is 617-464-4600. It is organized under the laws of Delaware.
How long is the Spectrum Equity X-B, L.P. 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 Spectrum Equity X-B, L.P.?
The issuer declined to disclose its revenue range on the Form D, which the form permits.
Is this your offering?
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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.