Form D · Hedge Fund

Arbiter Special Opportunities Fund II, LP

New York, NY · CIK 0001589656

Offering snapshot reported Sep 18, 2026 · SEC filing

Reported sold
$174M
Indefinite offering
Investors reported
96
Form D · investor count
Minimum accepted
$500K
Reported outside-investor minimum
First sale
Oct 25, 2013
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$87M$174MNov 5, 2013: $17,270,000.00Nov 5, 2013Nov 17, 2014: $25,385,000.00Nov 5, 2015: $30,335,000.00Nov 4, 2016: $45,700,000.00Nov 3, 2017: $57,500,000.00Nov 5, 2018: $97,600,000.00Oct 28, 2019: $130,700,000.00Oct 16, 2020: $140,534,686.00Oct 8, 2021: $155,149,686.00Sep 30, 2022: $155,649,686.00Sep 27, 2023: $155,649,686.00Sep 26, 2024: $157,349,686.00Sep 26, 2025: $166,799,686.00Sep 18, 2026: $173,949,686.00Sep 18, 2026

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$17,270,000 → $173,949,686
  • Reported investors17 → 96

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Sep 18, 2026Amendment$173,949,686$156,679,686vs Nov 5, 201396SEC filing
Sep 26, 2025Amendment$166,799,686$149,529,686vs Nov 5, 201390SEC filing
Sep 26, 2024Amendment$157,349,686$140,079,686vs Nov 5, 201377SEC filing
Sep 27, 2023Amendment$155,649,686$138,379,686vs Nov 5, 201376SEC filing
Sep 30, 2022Amendment$155,649,686$138,379,686vs Nov 5, 201373SEC filing
Oct 8, 2021Amendment$155,149,686$137,879,686vs Nov 5, 201373SEC filing
Oct 16, 2020Amendment$140,534,686$123,264,686vs Nov 5, 201370SEC filing
Oct 28, 2019Amendment$130,700,000$113,430,000vs Nov 5, 201366SEC filing
Nov 5, 2018Amendment$97,600,000$80,330,000vs Nov 5, 201358SEC filing
Nov 3, 2017Amendment$57,500,000$40,230,000vs Nov 5, 201341SEC filing
Nov 4, 2016Amendment$45,700,000$28,430,000vs Nov 5, 201335SEC filing
Nov 5, 2015Amendment$30,335,000$13,065,000vs Nov 5, 201334SEC filing
Nov 17, 2014Amendment$25,385,000$8,115,000vs Nov 5, 201331SEC filing
Nov 5, 2013Initial$17,270,000No comparison17SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-205816

Source: Form D, filed Sep 18, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.

Matched by reported Form D file number

ARBITER PARTNERS SPECIAL OPPORTUNITIES FUND II, LP

Investment adviser: ARBITER PARTNERS CAPITAL MANAGEMENT, LLC

Gross asset value
$230M
Beneficial owners
88
ADV minimum commitment
$250K

Reported in Form ADV on Apr 28, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator APEX FUND SERVICES NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor RSM US, LLP NEW YORK, New York, United States Other funds reporting this name →
Custodian DEUTSCHE BANK TRUST COMPANY AMERICAS NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Marketer BLUE SAND SECURITIES LLC SCOTTSDALE, Arizona, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

RSM US, LLP
PCAOB 49

DEUTSCHE BANK TRUST COMPANY AMERICAS
LEI 571474TGEMMWANRLN572

BLUE SAND SECURITIES LLC
CRD 142976 · SEC 8-67514

Fund asset history · 5 annual observations Gross asset value by annual ADV filing$0$115M$230MFY 2021: $138,400,000.00FY 2021FY 2022: $97,800,000.00FY 2022FY 2023: $112,700,000.00FY 2023FY 2024: $112,700,000.00FY 2024FY 2025: $229,900,000.00FY 2025

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Fiscal yearGross assetsBeneficial ownersADV filed
2021$138,400,00074Mar 22, 2022
2022$97,800,00071Mar 22, 2023
2023$112,700,00069Mar 27, 2024
2024$112,700,00073Mar 12, 2025
2025$229,900,00088Feb 23, 2026
Filing source

Form ADV 2100239 · Apr 28, 2026 · Schedule D 7.B.(1), fund 805-1936147137

Reported by ARBITER PARTNERS CAPITAL MANAGEMENT, LLC (CRD 156290).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; 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
Paul J Isaac Executive, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O Broken Clock Management, L.L.C. 530 Fifth Avenue, 20 Th Floor
New York, NY, 10036
Phone: (212) 650-4660