Investment adviser · CRD 311741

PHASE 2 PARTNERS

Investment adviser filing (IA)

PHASE 2 PARTNERS, LLC

SAN FRANCISCO, CA, United States · Form ADV filed Mar 28, 2024

Regulatory AUM: $487M
Client accounts: 9
Employees: 8
Advisory professionals: 5

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	9	$487,442,000	100.0%

Filing source

Form ADV 1842077 · Mar 28, 2024 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

4 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

P2 NEXXT OFFSHORE MASTER FUND LPHedge Fund · Last reported Mar 28, 2024$255MGross asset value

Feeder funds

P2 NEXXT FUND LP
P2 NEXXT OFFSHORE FUND LP

Fund administrator CITCO FUND SERVICES (CAYMAN ISLANDS) LIMITED GRAND CAYMAN KY1-1205, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNERAMPER LLP SAN FRANCISCO, California, United States

Auditor EISNERAMPER US (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands

Custodian CITCO BANKING CORPORATION NV WILLEMSTAD, Curacao Related to adviser: No

Custodian FIDELITY PRIME FINANCING, LLC BOSTON, Massachusetts, United States Related to adviser: No

Custodian FIRST REPUBLIC BANK CORPORATION SAN FRANCISCO, California, United States Related to adviser: No

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Prime broker FIDELITY PRIME FINANCING BOSTON, Massachusetts, United States

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

EISNERAMPER LLP
PCAOB 274

EISNERAMPER US (CAYMAN) LTD.
PCAOB 274

CITCO BANKING CORPORATION NV
LEI 549300HEYP0HGEVT8L46

FIDELITY PRIME FINANCING, LLC
SEC 8-70261

FIRST REPUBLIC BANK CORPORATION
LEI YWC0TIKBQM2JV8L4IV08

MORGAN STANLEY & CO. LLC
SEC 8-15869

FIDELITY PRIME FINANCING
CRD 299736 · SEC 8-70261

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Fund details & source

Fund ID: 805-7411213260
Reported beneficial owners: 37
Minimum commitment: $500K
Form D file number: 021-378955
Form D file number: 021-378962
Form D file number: 021-378966

Form ADV 1842077 · Mar 28, 2024 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

OC 541 MASTER FUND LTD.Hedge Fund · Last reported Mar 28, 2024$61.8MGross asset value

Form D fundraising filings

OC 541 Master Fund, Ltd.

Feeder funds

OC 541 OFFSHORE FUND, LTD.
OC 541 OFFSHORE FUND, LTD.