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VC  · May 22, 2026

HCM G II, L.P.

SEC Filing Record
Offering Amount
Indefinite
Strategy
VC
Exemption
06b
Date Filed
May 22, 2026
0002131027-26-000001
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37A Read

This is a placeholder filing with $0 declared offering size, indicating HCM is in pre-fundraising phase and has not yet locked a target; the Vintage II designation confirms this is a successor fund to an initial vehicle, though no prior EDGAR record for this manager exists, suggesting either a first-time SEC filer or a manager previously operating below filing thresholds.

Armaan Ali as the sole named GP indicates a single-GP structure typical of founder-led or emerging managers, and the absence of prior EDGAR history combined with the 06b exemption (no public solicitation) signals this manager relies entirely on pre-existing LP relationships and likely does not have institutional infrastructure or multi-partner governance in place yet.

A mid-2026 filing for a Vintage II raise aligns with a typical 3-4 year fund cycle from an assumed 2022-2023 Vintage I close, positioning the successor fund to capitalize on LP appetite for continuation strategies and proven managers in what should be a more stabilized exit environment than 2022-2024 conditions.

Before committing, verify whether Armaan Ali has a key-man clause tied to his personal involvement, confirm what returns (if any) the Vintage I fund has generated to date, and establish whether this $0 placeholder filing will be updated with an actual target within 90 days or represents a longer pre-marketing runway.

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ARMAAN ALI