TPG RC II Amends Form D/A, Confirms 3(c)(7) Exemption
| Field | Detail |
|---|---|
| Company | Tpg Rc II Private Investors Offshore, L.P. |
| Form Type | D/A |
| Filed Date | Mar 24, 2026 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $1, $1,000,000, $5,000,000, $1,000,001, $5,000,001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: private-fund, regulatory-filing, exemption, form-d
TL;DR
**TPG RC II is a private fund for rich investors, not public.**
AI Summary
TPG RC II Private Investors Offshore, L.P. filed an amended Form D/A on March 24, 2026, updating their Notice of Exempt Offering of Securities. This amendment specifically indicates that the fund operates under Section 3(c)(7) of the Investment Company Act, meaning it is exempt from registration because it sells only to 'qualified purchasers.' This matters to investors because it confirms the fund's strategy of targeting sophisticated, high-net-worth individuals or institutions, which implies a certain risk profile and regulatory environment for the fund, rather than being accessible to the general public.
Why It Matters
This filing clarifies TPG RC II Private Investors Offshore, L.P.'s regulatory status, indicating it's a private fund for 'qualified purchasers' and not subject to the same public reporting requirements as registered investment companies.
Risk Assessment
Risk Level: medium — Funds operating under Section 3(c)(7) are exempt from certain SEC regulations, which can mean less transparency for even qualified purchasers, though they are presumed to be sophisticated enough to assess the risks.
Analyst Insight
Investors considering TPG RC II Private Investors Offshore, L.P. should understand that it is a private fund for 'qualified purchasers' and will not have the same level of public disclosure as a registered investment company, requiring more due diligence.
Key Numbers
- 0000905148-26-001426 — SEC Accession No. (unique identifier for this specific filing)
- 2026-03-24 — Filing Date (date the D/A amendment was filed and accepted)
- 0002122386 — CIK (Central Index Key for TPG RC II Private Investors Offshore, L.P.)
Key Players & Entities
- TPG RC II Private Investors Offshore, L.P. (company) — the filer of the D/A amendment
- WALKERS CORPORATE LIMITED (company) — mailing address provider for the filer
- 270 PARK AVENUE NEW YORK NY 10017 (dollar_amount) — business address of the filer
FAQ
What specific exemption from the Investment Company Act does TPG RC II Private Investors Offshore, L.P. claim in this D/A filing?
The filing explicitly states that TPG RC II Private Investors Offshore, L.P. claims exemption under Item 3C.7, which refers to Section 3(c)(7) of the Investment Company Act.
When was this D/A amendment filed and accepted by the SEC?
This D/A amendment was filed and accepted on March 24, 2026, according to the 'Filing Date' and 'Accepted' timestamps in the document.
Filing Stats: 1,345 words · 5 min read · ~4 pages · Grade level 17 · Accepted 2026-03-24 10:33:04
Key Financial Figures
- $1 — enues No Aggregate Net Asset Value $1 - $1,000,000 $1 - $5,000,000 $1,000,
- $1,000,000 — No Aggregate Net Asset Value $1 - $1,000,000 $1 - $5,000,000 $1,000,001 - $5,000,
- $5,000,000 — Net Asset Value $1 - $1,000,000 $1 - $5,000,000 $1,000,001 - $5,000,000 $5,000,001
- $1,000,001 — e $1 - $1,000,000 $1 - $5,000,000 $1,000,001 - $5,000,000 $5,000,001 - $25,000,000
- $5,000,001 — $5,000,000 $1,000,001 - $5,000,000 $5,000,001 - $25,000,000 $5,000,001 - $25,000,000
- $25,000,000 — $1,000,001 - $5,000,000 $5,000,001 - $25,000,000 $5,000,001 - $25,000,000 $25,000,001
- $25,000,001 — $25,000,000 $5,000,001 - $25,000,000 $25,000,001 - $50,000,000 $25,000,001 - $100,000,0
- $50,000,000 — 5,000,001 - $25,000,000 $25,000,001 - $50,000,000 $25,000,001 - $100,000,000 $50,000,0
- $100,000,000 — 25,000,001 - $50,000,000 $25,000,001 - $100,000,000 $50,000,001 - $100,000,000 Over $1
- $50,000,001 — 0,000,000 $25,000,001 - $100,000,000 $50,000,001 - $100,000,000 Over $100,000,000 O
Filing Documents
- primary_doc.html (D/A)
- primary_doc.xml (D/A) — 9KB
- 0000905148-26-001426.txt ( ) — 10KB
From the Filing
Form D FORM D Notice of Exempt Offering of Securities UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. OMB APPROVAL OMB Number: 3235-0076 Estimated Average burden hours per response: 4.0 1. Issuer's Identity CIK (Filer ID Number) Previous Name(s) None Entity Type Corporation Limited Partnership Limited Liability Company General Partnership Business Trust Other Cayman Islands exempted limited partnership Name of Issuer TPG RC II Private Investors Offshore, L.P. Jurisdiction of Incorporation/Organization CAYMAN ISLANDS Year of Incorporation/Organization Over Five Years Ago Within Last Five Years (Specify Year) 2024 Yet to Be Formed 2. Principal Place of Business and Contact Information Name of Issuer TPG RC II Private Investors Offshore, L.P. Street Address 1 Street Address 2 Walkers Corporate Limited 190 Elgin Avenue George Town, Grand Cayman CAYMAN ISLANDS KY1-9008 345-949-0100 3. Related Persons Last Name First Name Middle Name J.P. Morgan Private Investments Inc. n/a Street Address 1 Street Address 2 270 Park Avenue New York NEW YORK 10017 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Administrator of the Issuer Last Name First Name Middle Name TPG RC II Private Investors GP, Ltd. n/a Street Address 1 Street Address 2 Walkers Corporate Limited 190 Elgin Avenue George Town, Grand Cayman CAYMAN ISLANDS KY1-9008 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) General Partner of the Issuer Last Name First Name Middle Name Cellier Grant Street Address 1 Street Address 2 Walkers Corporate Limited 190 Elgin Avenue George Town, Grand Cayman CAYMAN ISLANDS KY1-9008 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Last Name First Name Middle Name Meschi Robert Street Address 1 Street Address 2 Walkers Corporate Limited 190 Elgin Avenue George Town, Grand Cayman CAYMAN ISLANDS KY1-9008 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) 4. Industry Group Agriculture Banking & Financial Services Commercial Banking Insurance Investing Investment Banking Pooled Investment Fund Hedge Fund Other Investment Fund Private Equity Fund Venture Capital Fund *Is the issuer registered as an investment company under the Investment Company Act of 1940? Yes No Other Banking & Financial Services Business Services Energy Coal Mining Electric Utilities Energy Conservation Environmental Services Oil & Gas Other Energy Health Care Biotechnology Health Insurance Hospitals & Physicians Pharmaceuticals Other Health Care Manufacturing Real Estate Commercial Construction REITS & Finance Residential Other Real Estate Retailing Restaurants Technology Computers Telecommunications Other Technology Travel Airlines & Airports Lodging & Conventions Tourism & Travel Services Other Travel Other 5. Issuer Size Revenue Range Aggregate Net Asset Value Range No Revenues No Aggregate Net Asset Value $1 - $1,000,000 $1 - $5,000,000 $1,000,001 - $5,000,000 $5,000,001 - $25,000,000 $5,000,001 - $25,000,000 $25,000,001 - $50,000,000 $25,000,001 - $100,000,000 $50,000,001 - $100,000,000 Over $100,000,000 Over $100,000,000 Decline to Disclose Decline to Disclose Not Applicable Not Applicable 6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply) Rule 504(b)(1) (not (i), (ii) or (iii)) Rule 506(b) Rule 504 (b)(1)(i) Rule 506(c) Rule 504 (b)(1)(ii) Securities Act Section 4(a)(5) Rule 504 (b)(1)(iii) Investment Company Act Section 3(c) Section 3(c)(1) Section 3(c)(9) Section 3(c)(2) Section 3(c)(10) Section 3(c)(3) Section 3(c)(11) Section 3(c)(4) Section 3(c)(12) Section 3(c)(5) Section 3(c)(13) Section 3(c)(6) Section 3(c)(14) Section 3(c)(7) 7. Type of Filing New Notice Date of First Sale 2025-09-30 First Sale Yet to Occur Amendment 8. Duration of Offering Does the Issuer intend this offering to last more than one year? Yes No 9. Type(s) of Securities Offered (select all that apply) Pooled Investment Fund Interests Equity Tenant-in-Common Securities Debt Mineral Property Securities Option, Warrant or Other Right to Acquire Another Security Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security Other (describe) 10. Business Combination Transaction Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer? Yes No Clarification of Response (i