Form D · Hedge Fund

AIR U.S. Life Fund II LP

Chicago, IL · CIK 0001819150

Offering snapshot reported Jul 22, 2025 · SEC filing

Reported sold
$39.4M
Indefinite offering
Investors reported
92
Form D · investor count
Minimum accepted
$250K
Reported outside-investor minimum
First sale
Aug 1, 2020
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$19.7M$39.4MJul 24, 2020Jul 22, 2021: $12,076,802.00Jul 22, 2021Jul 22, 2022: $25,714,061.00Jul 22, 2022Jul 24, 2023: $35,957,816.00Jul 24, 2023Jul 22, 2024: $39,137,735.00Jul 22, 2024Jul 22, 2025: $39,422,734.00Jul 22, 2025

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$39,137,735 → $39,422,734
  • Reported investors90 → 92

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jul 22, 2025Amendment$39,422,734$284,999vs Jul 22, 202492SEC filing
Jul 22, 2024Amendment$39,137,735$3,179,919vs Jul 24, 202390SEC filing
Jul 24, 2023Amendment$35,957,816$10,243,755vs Jul 22, 202276SEC filing
Jul 22, 2022Amendment$25,714,061$13,637,259vs Jul 22, 202145SEC filing
Jul 22, 2021Amendment$12,076,802No comparison29SEC filing
Jul 24, 2020InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$300K (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-371781

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Rainmaker Securities, LLC132995
Silver Leaf Partners, LLC126694

Source: Form D, filed Jul 22, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

AIR U.S.LIFE FUND II, LP

Investment adviser: ALTERNATIVE INVESTMENT RESOURCE, LLC

Gross asset value
$43.9M
Beneficial owners
73
ADV minimum commitment
$250K

Reported in Form ADV on Mar 31, 2025. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor CBIZ CPA P.C. KANSAS CITY, Missouri, United States
Custodian BANKUNITED, NATIONAL ASSOCIATION MIAMI LAKES, Florida, United States Related to adviser: No
Marketer AXIUS SERVICES PTY LTD SYDNEY, Australia Related to adviser: No
Marketer RAINMAKER SECURITIES, LLC CORAL GABLES, Florida, United States Related to adviser: No
Marketer SILVER LEAF PARTNERS, LLC NEW YORK, New York, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

CBIZ CPA P.C.
PCAOB 199

RAINMAKER SECURITIES, LLC
CRD 132995 · SEC 8-66667

SILVER LEAF PARTNERS, LLC
CRD 126694 · SEC 8-65902

Filing source

Form ADV 1957452 · Mar 31, 2025 · Schedule D 7.B.(1), fund 805-2651090337

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

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
N/A Air Life Fund Management, Llc Promoter
Richard Beleutz Executive
Stephen Luongo Executive
Matthew Schaefer Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O Air Life Fund Management, Llc 333 S. Wabash Avenue, Suite 2714
Chicago, IL, 60604