RGP Income Fund II-BPI, LLC set a $43,750,000 exempt securities offering and has sold $500,000, leaving $43,250,000 available under the stated amount. The fund is a feeder to a $175,000,000 master fund, while its maximum offering is capped at 25% of the master fund’s total raised, defining the stated Investment structure.

Key Highlights

  • The offering is classified under Oil and Gas.
  • Sales commissions, managing broker-dealer fees and Marketing and due-diligence allowances total $5,031,250 under the stated assumptions.
  • Skyway Capital Markets, Realta Equities, Emerson Equity, Madison Avenue Securities and Metric Financial are named in the filing.

The amount remaining under the stated offering is $43,250,000 ($43.25 million). RGP Income Fund II-BPI is structured as a feeder fund to a $175,000,000 ($175 million) master fund.

Feeder Fund Limit

RGP Income Fund II-BPI’s maximum offering is limited to 25% of the master fund’s total amount raised.

Offering Costs Listed

The offering’s stated fee calculation is $5,031,250 ($5.03 million), based on a 7% sales commission, a 3.5% managing broker-dealer fee and a 1% marketing and due-diligence allowance. The calculation assumes offering proceeds of $43,750,000. The managing general partner is to be reimbursed from proceeds for organizational and offering costs, while also receiving a management fee and a portion of income that increases after the preferred return.

Managers And Distribution Firms

Skyway Capital Markets, LLC, Realta Equities, Inc. Emerson Equity, Madison Avenue Securities, LLC and Metric Financial are named in connection with the offering. The investment classification is Oil and Gas.