-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 V8cyhbHz9OlmAoNKviFZW3VWEfGE75XiyyhKbqoEgROIXXBgWDcSvgYnrqTNOlF5
 S05vZUaYDfuIblPdQ69yfw==

<SEC-DOCUMENT>0001144204-10-016591.txt : 20100330
<SEC-HEADER>0001144204-10-016591.hdr.sgml : 20100330
<ACCEPTANCE-DATETIME>20100330142330
ACCESSION NUMBER:		0001144204-10-016591
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20100330
DATE AS OF CHANGE:		20100330
EFFECTIVENESS DATE:		20100330

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Hatteras VC Co-Investment Fund II, LLC
		CENTRAL INDEX KEY:			0001450150
		IRS NUMBER:				383792124
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-127349
		FILM NUMBER:		10713299

	BUSINESS ADDRESS:	
		STREET 1:		8540 COLONNADE CENTER DRIVE, SUITE 401
		CITY:			RALEIGH
		STATE:			NC
		ZIP:			27615
		BUSINESS PHONE:		919-846-2324

	MAIL ADDRESS:	
		STREET 1:		8540 COLONNADE CENTER DRIVE, SUITE 401
		CITY:			RALEIGH
		STATE:			NC
		ZIP:			27615
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001450150</cik>
        <entityName>Hatteras VC Co-Investment Fund II, LLC</entityName>
        <issuerAddress>
            <street1>8540 COLONNADE CENTER DRIVE, SUITE 401</street1>
            <city>RALEIGH</city>
            <stateOrCountry>NC</stateOrCountry>
            <zipCode>27615</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>919-846-2324</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Limited Liability Company</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2008</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>n/a</firstName>
                <lastName>Hatteras Capital Investment Management, LLC</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>8540 Colonnade Center Drive, Suite #401</street1>
                <city>Raleigh</city>
                <stateOrCountry>NC</stateOrCountry>
                <zipCode>27615</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Investment Manager</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <middleName>Brien</middleName>
                <lastName>Perkins</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>8540 Colonnade Center Drive, Suite #401</street1>
                <city>Raleigh</city>
                <stateOrCountry>NC</stateOrCountry>
                <zipCode>27615</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>President and Chairman of the Board</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Robert</firstName>
                <middleName>Lance</middleName>
                <lastName>Baker</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>8540 Colonnade Center Drive, Suite #401</street1>
                <city>Raleigh</city>
                <stateOrCountry>NC</stateOrCountry>
                <zipCode>27615</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Treasurer</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>James</firstName>
                <middleName>Michael</middleName>
                <lastName>Fields</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>8540 Colonnade Center Drive, Suite #401</street1>
                <city>Raleigh</city>
                <stateOrCountry>NC</stateOrCountry>
                <zipCode>27615</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Secretary</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Andrew</firstName>
                <middleName>Paul</middleName>
                <lastName>Chica</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>8540 Colonnade Center Drive, Suite #401</street1>
                <city>Raleigh</city>
                <stateOrCountry>NC</stateOrCountry>
                <zipCode>27615</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>CCO</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>H.</firstName>
                <middleName>Alexander</middleName>
                <lastName>Holmes</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>8540 Colonnade Center Drive, Suite #401</street1>
                <city>Raleigh</city>
                <stateOrCountry>NC</stateOrCountry>
                <zipCode>27615</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Steve</firstName>
                <middleName>E.</middleName>
                <lastName>Moss</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>8540 Colonnade Center Drive, Suite #401</street1>
                <city>Raleigh</city>
                <stateOrCountry>NC</stateOrCountry>
                <zipCode>27615</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Gregory</firstName>
                <middleName>S.</middleName>
                <lastName>Sellers</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>8540 Colonnade Center Drive, Suite #401</street1>
                <city>Raleigh</city>
                <stateOrCountry>NC</stateOrCountry>
                <zipCode>27615</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Daniel</firstName>
                <middleName>K.</middleName>
                <lastName>Wilson</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>8540 Colonnade Center Drive, Suite #401</street1>
                <city>Raleigh</city>
                <stateOrCountry>NC</stateOrCountry>
                <zipCode>27615</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Venture Capital Fund</investmentFundType>
                <is40Act>true</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>9999999997-09-005351</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-09-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>25000</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Hatteras Capital Distributors, LLC</recipientName>
                <recipientCRDNumber>143365</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>8540 Colonnade Center Drive, Suite #401</street1>
                    <city>Raleigh</city>
                    <stateOrCountry>NC</stateOrCountry>
                    <zipCode>27615</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <value>All States</value>
                </statesOfSolicitationList>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>4036818</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse>Item 13(b) = aggregate gross purchases of the Fund since inception. The figure does not net out any redemptions, Item 14 below is also an aggregate number. Total number of current investors in the Fund as of Feb 28, 2010 was only 77.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>77</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>322945</dollarAmount>
                <isEstimate>true</isEstimate>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </findersFees>
            <clarificationOfResponse>The Fund has a maximum placement fee of 8%, so the estimated sales commission response above was calculated based on the maximum 8% fee times the aggregate sales since inception.</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>50000</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Hatteras VC Co-Investment Fund II, LLC</issuerName>
                <signatureName>/s/ David B. Perkins</signatureName>
                <nameOfSigner>David B. Perkins</nameOfSigner>
                <signatureTitle>President and Chairman of the Board</signatureTitle>
                <signatureDate>2010-03-26</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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