LIQUIDITY & PROCESS

Built-In Liquidity.

Clear Process.

Quarterly withdrawal access, transparent reporting, and a straightforward path from introduction to admission.

Quarterly Withdrawals
90-Day Notice
Full Transparency
LIQUIDITY & WITHDRAWALS

Structured liquidity, on your schedule.

A one-year lock-up followed by quarterly withdrawal windows, with clear rules for how liquid and illiquid capital is settled.

LOCK-UP & WINDOWS

Quarterly Withdrawal Access

After an initial lock-up period, investors may request withdrawals on a recurring quarterly basis.

KEY TERMS
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1 Year Lock-Up: Capital is committed for an initial one-year period from admission.
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Quarterly Withdrawal Dates: Requests require 90 days' notice. A 2% early withdrawal fee applies to withdrawals made during the lock-up.
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15% Fund-Level Gate: Aggregate withdrawals in any quarter may be limited to 15% of fund NAV.
SETTLEMENT

Liquid & Illiquid Portions

Withdrawal proceeds are settled differently depending on the liquidity of the underlying assets.

HOW IT WORKS
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Liquid Portion: Settled in cash or in-kind within 60 days; up to 5% may be held back pending final valuation.
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Illiquid Portion: Paid as a vertical slice of remaining assets within 60 days of realization, with no management fee or performance allocation charged.
NOTE

Withdrawal terms, the fund-level gate, and settlement provisions are described in full in the confidential private placement memorandum and may be modified by the General Partner.

VALUATION & REPORTING

Clear valuations. Regular reporting.

NAV is calculated quarterly using an income-based approach, with a consistent reporting calendar for every investor.

VALUATION

Income-Driven Methodology

Property values are derived from income performance rather than market speculation.

HOW IT'S CALCULATED
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Income Approach: Valuations are based on each property's income performance.
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Capitalization Rate: A cap rate is applied to net operating income (NOI) to determine value.
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Quarterly NAV: Net asset value is recalculated and reported each quarter.
REPORTING CALENDAR

Reporting Calendar

Investors receive regular updates on fund performance and their capital accounts.

WHAT YOU RECEIVE
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Quarterly: Summary financials and an updated NAV are distributed to all investors.
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Annually: Unaudited financial statements and a K-1 are provided, along with an annual review within 120 days of fiscal year end.
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At GP Discretion: An annual meeting of Limited Partners may be convened.
NOTE

Valuation methodology and reporting timelines are described in full in the confidential private placement memorandum and may be updated at the discretion of the General Partner.

INVESTMENT PROCESS

From introduction to admission.

A clear, six-step path for qualifying, subscribing, and being admitted to the fund.

GETTING STARTED

Introduction to Subscription

The first steps toward becoming an investor in the fund.

STEPS 1-3
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1. Introductory Call: A conversation with Thomas Visaggio to discuss the fund and investment objectives.
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2. Accreditation Verification: Prospective investors complete third-party verification of accredited investor status.
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3. Offering Documents: Investors receive the private placement memorandum, limited partnership agreement, and subscription documents.
FINALIZING

Diligence to Admission

The final steps to complete a subscription and join the fund.

STEPS 4-6
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4. Diligence & Questions: Investors review the offering documents and raise any questions with the General Partner.
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5. Subscription: Signed subscription documents and funds are submitted, due 3 business days before the applicable date.
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6. Admission: Investors are admitted to the fund on the first day of the month, subject to the 99-investor limit.
NOTE

The investment process and offering documents are described in full in the confidential private placement memorandum. To begin, contact Thomas Visaggio.

Viza Capital II Fund LP