# Owl Ventures Opportunity Fund II LP # Owl Ventures Opportunity Fund II LP
**New Category**LP
**Investment Manager**Owl Ventures
**Fund Status**
**Archive**No
**Custodian**No Custodian/Administrator
**Jurisdiction**Delaware LP
**T1135 Reporting**Yes (unless 10% or more investors are Canadians then LP is obligated to file T1135)
**Currency**USD
**Tax Slip**K-1
**Receiver** **of Tax Receipt**RFO/Client
**Tax Slips Expected** April
**Statements Expected** Quarterly
**Accounting** **Treatment**Per K-1. When distributions are received you will decrease the ACB of the investment until the tax information is received at year-end and then reclassify accordingly
**Tax Memo/** **Tax Treatment**Per K-1 and tax package Canadianize K-1 capital gains
**US Tax Return Required**No
**Type**Partnership
**Nature** **of Investment**Private Equity fund focusing on educational technology
**Notes**