P2 Nexxt Fund II LP
P2 Nexxt Fund II LP is a hedge fund based in San Francisco, California. According to its most recent Form D, filed Oct 21, 2025, the fund has sold $33,211,684 of interests to 20 investors since its first sale in Nov 2020. The minimum investment it accepts from an outside investor is $500,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Karl Kapital LLC; Rachael Clarke; Karl General Partner LLC.
- Total raised
- $33,211,684Cumulative sales reported on Form D
- Investors
- 20
- First sale
- Nov 1, 2020
- Minimum investment
- $500,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Karl Kapital LLC; Rachael Clarke; Karl General Partner LLC
- Latest Form D
- Oct 21, 2025
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and HedgeMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures
Size compared with every hedge fund
Raised more than 49% of the 1,051 hedge funds based in California, and more than 38% of all 10,157 that report sales.