DFX Intelligence
Permanent Equity II Parallel Fund, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureClosed to new capitalother manager vehicleADV: Private Equity FundOutside venture scope
A private equity fund outside venture scope, shown because its manager is on the venture graph.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Nothing material in the last 365 days. Last change: 13 Dec 2019, Latest Form D filed on 13 Dec 2019: $100M sold of $100M offered, 2 investors. A Form D amount is what was sold at the filing, never a final close.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2019basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- $100Mwhat may be sold, not what was raised; file 021-355494, sworn by the adviser or filed under this vehicle
- Form D sold
- $100Mas of the filing of Dec 13, 2019, 2 investors
- First sale
- Dec 2, 2019
- Reported GAV
- $100Mon the Form ADV filed Aug 19, 2020; the fund's assets, never its size or dry powder
- Owners (ADV)
- 2
- Reported on ADV
- Mar 30, 2020 to Aug 19, 2020
Fundraising evidence
What counts as raisingA Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.Closed to new capital
Form D filed or amended 2019-12-13: the stated $100.1M offering reported fully sold (fr-1)
evidence dated Dec 13, 2019.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 7first sale: Dec 2, 2019vintage year: 2019adv gav as of: Aug 19, 2020vintage basis: Form d first saleform d sold: $100Mform d offering: $100Mform d latest filed at: Dec 13, 2019
The fund's own reporting through time
2 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2020 | Private Equity Fund | $100M | 2 | $100,000 | 0% | yes | |
| Aug 19, 2020 | Private Equity Fund | $100M | 2 | $100,000 | 0% | yes |
Principals and agents
1 principal on Form D, 0 placement agents
- Brent Beshore Executive Officer
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorRUBINBROWN · ST. LOUIS, Missouri, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorIQ-EQ · DALLAS, Texas, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianBUSEY BANK · CREVE COEUR, Missouri, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
3 events
- Mar 31, 2023Administrator changed: IQ-EQ replaced BLUE RIVER PARTNERS, LLC, first reported on the Form ADV filed March 31, 2023 (previous filing August 2, 2022)Administrator changed Fact Form ADV
- Mar 30, 2020Permanent Equity II Parallel Fund, LP first reported on Form ADV by Adventur.es GP LLC (Private Equity Fund), GAV $100,100,000Fund first reported on Form ADV Fact Form ADV
- Dec 13, 2019Permanent Equity II Parallel Fund, LP filed Form D: $100,100,000 sold of $100,100,000, Private Equity FundForm D filed Fact Form D
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact Form D
- Entity type: Limited Partnership Dec 13, 2019 Fact Form D
- Form D fund type: Private Equity Fund Fact Form D
- Form D fund type: Private Equity Fund Dec 13, 2019 Fact Form D
- Form D industry group: Pooled Investment Fund Fact Form D
- Form D industry group: Pooled Investment Fund Dec 13, 2019 Fact Form D
- Amendment: false Fact Form D
- Amendment: false Dec 13, 2019 Fact Form D
- Revenue range (Form D): Decline to Disclose Fact Form D
- Revenue range (Form D): Decline to Disclose Dec 13, 2019 Fact Form D
- Incorporated: withinFiveYears Fact Form D
- Incorporated: withinFiveYears Dec 13, 2019 Fact Form D
- Jurisdiction: Delaware Fact Form D
- Jurisdiction: Delaware Dec 13, 2019 Fact Form D
- Amount sold (Form D): $100M Fact Form D
- Amount sold (Form D): $100M Dec 13, 2019 Fact Form D
- Offering amount (Form D): $100M Fact Form D
- Offering amount (Form D): $100M Dec 13, 2019 Fact Form D
- Exemptions: 06b Fact Form D
- Exemptions: 06b Dec 13, 2019 Fact Form D
- First sale: 2019-12-02 Fact Form D
- First sale: 2019-12-02 Dec 13, 2019 Fact Form D
- Investors (Form D): 2 Fact Form D
- Investors (Form D): 2 Dec 13, 2019 Fact Form D
- Minimum investment (Form D): 100,000 Fact Form D
- Minimum investment (Form D): 100,000 Dec 13, 2019 Fact Form D
- Securities offered: pooled Fact Form D
- Securities offered: pooled Dec 13, 2019 Fact Form D
- Office address: Fact Form D
- Office address: Dec 13, 2019 Fact Form D
- Year of incorporation: 2019 Fact Form D
- Year of incorporation: 2019 Dec 13, 2019 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Permanent Equity II Parallel Fund, LP is the same institution as 2 records in RIA and Wealth and Private Equity.
RIA and Wealth1Private Equity1
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
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Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2020-03-30source on record
- Form D filed2019-12-13source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.