Ridgeline Growth QP Fund LLC, Series II Starcloud has taken a significant step in its fundraising efforts by filing a Form D to raise $3 million through a private offering. This move is crucial as it reflects the company's strategy to attract accredited investors within the investment fund sector.
The filing, dated November 3, 2026, reveals that Ridgeline has already secured commitments totaling over $2 million, leaving approximately $941,176 still available for investment. This indicates strong interest in the fund, which operates under the pooled investment fund category.
Background
Ridgeline Growth QP Fund LLC, Series II Starcloud is a limited liability company incorporated in Delaware. The fund is managed by Ridgeline Growth Fund Manager LLC and Ridgeline Partners Management LLC, both of which are also based at 590 Madison Ave, 39th Floor, New York, NY. The company has recently undergone a name change from D. Boral Master QP SPV LLC, Series II Starcloud on October 26, 2026.
What the Filing Says
The filing states that the fund is utilizing Rule 506(b) of Regulation D, which provides a "safer harbor" for private offerings. It specifies that the offering is exempt under the Investment Company Act, Section 3(c)(7). The total offering amount is set at $3 million, with a minimum investment requirement of $25,000.
Impact
This fundraising effort may impact various stakeholders, including the 26 investors who have already committed funds. The filing indicates that there are no non-accredited investors involved, suggesting a focus on sophisticated investors who meet specific financial criteria.
What's Next
The filing does not say what happens next.
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