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Primary Source · SEC.gov

Pari Passu VII a Series of Pari Passu Master II LLC

Fund Vehicle2025 vintageRule 506(b), Section 3(c), Section 3(c)(1)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.

Latest signalNew Form D filerForm D · 2025-11-28Last filing 2025-11-28

Raised

$560K

Investors

20

Min Invest

None stated

What this filing shows

·

Every sentence is a value as filed on SEC Form D

Pari Passu VII a Series of Pari Passu Master II LLC is a Delaware limited liability company that filed a Form D with the SEC on November 28, 2025, describing itself as a venture capital fund. The offering claims Rule 506(b), Section 3(c), Section 3(c)(1) and covers pooled investment fund interests. Pari Passu VII a Series of Pari Passu Master II LLC reported $559,775 sold from 20 investors of a $559,775 total offering as of the Form D filed November 28, 2025. 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)(1), it may have no more than 100 beneficial owners. 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. 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 2093 Philadelphia Pike, 5885, Claymont, DE 19703.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002098474
Entity NamePari Passu VII a Series of Pari Passu Master II LLC
ExemptionRule 506(b), Section 3(c), Section 3(c)(1)
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.
Entity TypeLimited Liability Company
Jurisdiction of OrganizationDelaware
Issuer Address2093 Philadelphia Pike, 5885, Claymont, DE 19703
Phone(360) 946-0604
Industry / Fund TypePooled Investment Fund · Venture Capital Fund
Investment Company ActExcluded under Section 3(c)(1) (100 beneficial owners or fewer)
Securities TypePooled investment fund interests
First Sale DateNovember 12, 2025
Filing DateNovember 28, 2025
Accession Number0002098474-25-000001
Total Offering Amount$559,775
Total Amount Sold$559,775
Amount Remaining$0
Total Investors20
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationOne year or less
Sales Commissions$0
Finders' Fees$0
Revenue RangeDecline to Disclose
State (Issuer Address)DE
Amendment CountOriginal filing only

Filings 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

Pari Passu94 vehicles · 23 generations · since 2020 · $82.1M sold across the family

This issuer is in Fund VII · Fund VI had sold $2.4M at the same age (14 months from first filing)

VehicleRoleFirst filedStatusSoldInvestors
Fund XXVII · first filed 2026-10-13 · 1 vehicle · $1.1M sold · 30 investors
PPVP Growth XXVII a Series of Pari Passu Master II LLCii, master2026-10-13closed$1.1M30
Fund XXV · first filed 2026-09-11 · 1 vehicle · $689K sold · 18 investors
PPVP Growth XXV a Series of Pari Passu Master II LLCii, master2026-09-11closed$689K18
Fund XXIII · first filed 2026-08-21 · 1 vehicle · $812K sold · 21 investors
PPVP Growth XXIII a Series of Pari Passu Master II LLCii, master2026-08-21closed$812K21
Fund XXII · first filed 2026-08-06 · 1 vehicle · $430K sold · 9 investors
PPVP Growth XXII a Series of Pari Passu Master II LLCii, master2026-08-06closed$430K9
Fund XXI · first filed 2026-07-28 · 1 vehicle · $324K sold · 14 investors
PPVP Growth XXI a Series of Pari Passu Master II LLCii, master2026-07-28closed$324K14
Fund XX · first filed 2026-07-24 · 1 vehicle · $268K sold · 9 investors
PPVP Growth XX a Series of Pari Passu Master II LLCii, master2026-07-24closed$268K9
Fund XVIII · first filed 2026-08-13 · 2 vehicles · $997K sold · 35 investors
Pari Passu XVIII a Series of Pari Passu Master II LLCii, master2026-08-18closed$545K19
PPVP Growth XVIII a Series of Pari Passu Master II LLCii, master2026-08-13closed$453K16
Fund XVI · first filed 2026-07-08 · 1 vehicle · $483K sold · 11 investors
PPVP Growth XVI a Series of Pari Passu Master II LLCii, master2026-07-08closed$483K11
Fund XV · first filed 2025-09-17 · 3 vehicles · $1.9M sold · 38 investors
PPVP Growth XV a Series of Pari Passu Master II LLCii, master2026-10-05closed$784K9
Pari Passu Growth XV a Series of Pari Passu Master II LLCii, master2025-09-17closed$670K17
Pari Passu XV a Series of Pari Passu Master II LLCii, master2026-06-09closed$398K12
Fund XIV · first filed 2026-06-05 · 2 vehicles · $858K sold · 39 investors
PPVP Growth XIV a Series of Pari Passu Master II LLCii, master2026-07-02closed$655K25
Pari Passu XIV a Series of Pari Passu Master II LLCii, master2026-06-05closed$203K14
Fund XIII · first filed 2026-04-10 · 2 vehicles · $2.9M sold · 54 investors
PPVP Growth XIII a Series of Pari Passu Master II LLCii, master2026-05-22closed$1.5M24
Pari Passu XIII a Series of Pari Passu Master II LLCii, master2026-04-10closed$1.4M30
Fund XII · first filed 2025-09-17 · 2 vehicles · $2.4M sold · 56 investors
Pari Passu Growth XII a Series of Pari Passu Master II LLCii, master2025-09-17closed$2.2M50
Pari Passu XII a Series of Pari Passu Master II LLCii, master2026-08-28closed$113K6
Fund XI · first filed 2025-09-08 · 3 vehicles · $5.0M sold · 116 investors
Pari Passu Growth XI a Series of Pari Passu Master II LLCii, master2025-09-08closed$3.3M74
Pari Passu XI a Series of Pari Passu Master II LLCii, master2026-03-24closed$1.2M30
PPVP Growth XI a Series of Pari Passu Master II LLCii, master2026-04-02closed$387K12
Fund X · first filed 2025-09-26 · 4 vehicles · $2.9M sold · 80 investors
Pari Passu Growth X a Series of Pari Passu Master II LLCii, master2025-09-26closed$1.4M21
Pari Passu X a Series of Pari Passu Master II LLCii, master2026-02-20closed$691K30
PPVP Growth X a Series of Pari Passu Master II LLCii, master2026-03-27closed$591K19
PPVP X a Series of Pari Passu Master II LLCii, master2026-01-06closed$224K10
Fund IX · first filed 2025-08-01 · 3 vehicles · $2.5M sold · 73 investors
PPVP Growth IX a Series of Pari Passu Master II LLCii, master2026-03-25closed$1.2M27
Pari Passu Growth IX a Series of Pari Passu Master II LLCii, master2025-08-01closed$739K31
Pari Passu IX a Series of Pari Passu Master II LLCii, master2026-01-06closed$507K15
Fund VIII · first filed 2025-12-08 · 2 vehicles · $1.8M sold · 50 investors
Pari Passu VIII a Series of Pari Passu Master II LLCii, master2025-12-08closed$1.4M37
PPVP Growth VIII a Series of Pari Passu Master II LLCii, master2026-02-11closed$475K13
Fund VII · first filed 2025-08-01 · 1 vehicle · $1.6M sold · 48 investors
Pari Passu VII a Series of Pari Passu Master II LLCthis issuerii, master2025-11-28closed$560K20
Fund VI · first filed 2025-07-14 · 0 vehicles · $2.4M sold · 79 investors
Fund V · first filed 2025-06-23 · 0 vehicles · $2.8M sold · 68 investors
Fund IV · first filed 2025-06-17 · 0 vehicles · $4.8M sold · 105 investors
Fund III · first filed 2025-06-03 · 0 vehicles · $2.5M sold · 78 investors
Fund II · first filed 2023-11-24 · 0 vehicles · $6.2M sold · 129 investors
Fund I · first filed 2023-03-28 · 0 vehicles · $886K sold · 32 investors
Unnumbered · first filed 2020-12-17 · 0 vehicles · $35.6M sold · 781 investors
63 more vehicles in this family are not listed here; the full series is in the terminal.

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

1

latest Nov 28, 2025

Critical / warning

0 / 0

0 watch · 1 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

closed

Latest event New filer · Nov 28, 2025

SEC.gov
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Investor

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  • 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.

Sydecar LLC

Director · Claymont, DE

Administrator of the Issuer

Brett Sagan

Executive Officer · Claymont, DE

Officer of the Issuer's Administrator

Questions About Pari Passu VII a Series of Pari Passu Master II LLC

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

What is Pari Passu VII a Series of Pari Passu Master II LLC?

Pari Passu VII a Series of Pari Passu Master II LLC is a Delaware limited liability company that filed a Form D with the SEC on November 28, 2025 as a venture capital fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(1) for an offering of pooled investment fund interests.

Is Pari Passu VII a Series of Pari Passu Master II LLC legit?

AltStreet does not rate legitimacy; it reports the public record. Pari Passu VII a Series of Pari Passu Master II LLC filed a Form D with the SEC on November 28, 2025 claiming Rule 506(b), Section 3(c), Section 3(c)(1). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $559,775 sold to 20 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 Pari Passu VII a Series of Pari Passu Master II LLC 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 Pari Passu VII a Series of Pari Passu Master II LLC claimed Rule 506(b), Section 3(c), Section 3(c)(1) 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 Pari Passu VII a Series of Pari Passu Master II LLC raised?

Pari Passu VII a Series of Pari Passu Master II LLC reported $559,775 sold from 20 investors of a $559,775 total offering as of the Form D filed November 28, 2025.

Who can invest in Pari Passu VII a Series of Pari Passu Master II LLC?

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)(1), it may have no more than 100 beneficial owners. 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 Pari Passu VII a Series of Pari Passu Master II LLC?

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 Pari Passu VII a Series of Pari Passu Master II LLC 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. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.

Who is behind Pari Passu VII a Series of Pari Passu Master II LLC?

The Form D lists 2 related persons: Sydecar LLC, director (Administrator of the Issuer); Brett Sagan, executive officer (Officer of the Issuer's Administrator). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Pari Passu VII a Series of Pari Passu Master II LLC located?

The issuer's address on its SEC filings is 2093 Philadelphia Pike, 5885, Claymont, DE 19703. Its phone number of record is (360) 946-0604. It is organized under the laws of Delaware.

How long is the Pari Passu VII a Series of Pari Passu Master II LLC 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 Pari Passu VII a Series of Pari Passu Master II LLC?

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.