Form D · Hedge Fund

Boathouse Row II L P

San Francisco, CA · CIK 0001295594

Offering snapshot reported Nov 26, 2025 · SEC filing

Reported sold: $97M
Investors reported: 231
Minimum accepted: $500K
First sale: Jun 8, 2004

Fundraising history

Reported sold

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$94,950,611 → $97,017,611
Reported investors229 → 231

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Nov 26, 2025	Amendment	$97,017,611	$2,067,000vs Nov 26, 2024	231	SEC filing
Nov 26, 2024	Amendment	$94,950,611	$4,289,163vs Nov 29, 2023	229	SEC filing
Nov 29, 2023	Amendment	$90,661,448	$8,470,519vs Oct 19, 2022	219	SEC filing
Oct 19, 2022	Amendment	$82,190,929	$13,343,759vs Oct 21, 2021	215	SEC filing
Oct 21, 2021	Amendment	$68,847,170	$14,294,526vs Oct 21, 2020	209	SEC filing
Oct 21, 2020	Amendment	$54,552,644	$4,322,000vs Mar 16, 2020	191	SEC filing
Mar 16, 2020	Amendment	$50,230,644	$2,653,059vs Mar 15, 2019	190	SEC filing
Mar 15, 2019	Amendment	$47,577,585	$2,364,072vs Mar 15, 2018	182	SEC filing
Mar 15, 2018	Amendment	$45,213,513	$3,484,529vs Mar 15, 2017	175	SEC filing
Mar 15, 2017	Amendment	$41,728,984	$7,221,521vs Mar 15, 2016	166	SEC filing
Mar 15, 2016	Amendment	$34,507,463	-$18,800,732vs Mar 16, 2015	158	SEC filing
Mar 16, 2015	Amendment	$53,308,195	$4,370,142vs Mar 14, 2014	150	SEC filing
Mar 14, 2014	Amendment	$48,938,053	$8,067,239vs Mar 14, 2013	143	SEC filing
Mar 14, 2013	Amendment	$40,870,814	$2,080,670vs Mar 14, 2012	113	SEC filing
Mar 14, 2012	Amendment	$38,790,144	$2,734,279vs Mar 14, 2011	98	SEC filing
Mar 14, 2011	Amendment	$36,055,865	$1,256,334vs Mar 12, 2010	97	SEC filing
Mar 12, 2010	Amendment	$34,799,531	-$1,034,755vs Mar 12, 2009	92	SEC filing
Mar 12, 2009	Amendment	$35,834,286	No comparison	Not reported	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.1
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-66835

Source: Form D, filed Nov 26, 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

BOATHOUSE ROW II, L.P.

Investment adviser: PHILADELPHIA FINANCIAL MANAGEMENT OF SAN FRANCISCO, LLC

Gross asset value: $237M
Beneficial owners: 83
ADV minimum commitment: $500K

Reported in Form ADV on Mar 23, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

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

Auditor EISNER AMPER LLP SAN FRANCISCO, California, United States

Custodian CITIBANK, N.A. NEW YORK, New York, United States Related to adviser: No

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

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Custodian MERRILL LYNCH INTERNATIONAL LONDON, United Kingdom Related to adviser: No

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

Custodian NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No

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

Prime broker NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States

Provider details

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

EISNER AMPER LLP
PCAOB 274

GOLDMAN SACHS & CO. LLC
SEC 8-129

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MORGAN STANLEY & CO. LLC
SEC 8-15869

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

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

NATIONAL FINANCIAL SERVICES LLC
CRD 13041 · SEC 8-26740

Filing source

Form ADV 2065788 · Mar 23, 2026 · Schedule D 7.B.(1), fund 805-9527906519

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

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
Boathouse Row I, L.P.	Nov 26, 2025	$284,487,481	174
Boathouse Row II L P (this fund)	Nov 26, 2025	$97,017,611	231

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
Name	Reported role
Rachael B. Clarke	Executive
Justin Hughes	Executive
Jordan Hymowitz	Executive
Not Applicable Philadelphia Financial Management Of San Francisco, Llc	Executive, Promoter
N/A Philadelphia Financial Management Of San Francisco, Llc	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

450 Sansome Street, Suite 1500
San Francisco, CA, 94111