Form D · Hedge Fund

EP Absolute Return Strategies Two Ltd.

New York, NY · CIK 0001481759

Offering snapshot reported Mar 16, 2026 · SEC filing

Reported sold
$356M
Indefinite offering
Investors reported
88
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Aug 1, 2009
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$260M$520MJun 11, 2021: $509,722,274.00Jun 11, 2021Mar 28, 2022: $519,742,274.00Mar 27, 2023: $517,176,415.00Mar 27, 2023Mar 26, 2024: $503,973,475.00Mar 26, 2024Mar 21, 2025: $289,787,407.00Mar 21, 2025Mar 16, 2026: $355,969,809.00Mar 16, 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$289,787,407 → $355,969,809
  • Reported investors83 → 88

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 16, 2026Amendment$355,969,809$66,182,402vs Mar 21, 202588SEC filing
Mar 21, 2025Amendment$289,787,407-$214,186,068vs Mar 26, 202483SEC filing
Mar 26, 2024Amendment$503,973,475-$13,202,940vs Mar 27, 2023151SEC filing
Mar 27, 2023Amendment$517,176,415-$2,565,859vs Mar 28, 2022149SEC filing
Mar 28, 2022Amendment$519,742,274$10,020,000vs Jun 11, 202185SEC filing
Jun 11, 2021Amendment$509,722,274No comparisonNot reportedSEC filing
Jun 17, 2020Amendment$364,712,016$1,665,000vs Jul 12, 201844SEC filing
Jul 12, 2018Amendment$363,047,016$7,749,368vs Sep 26, 201742SEC filing
Sep 26, 2017Amendment$355,297,648$317,866,994vs Sep 27, 201640SEC filing
Sep 27, 2016Amendment$37,430,654$3,698,587vs Oct 30, 201535SEC filing
Oct 30, 2015Amendment$33,732,067$603,393vs Nov 10, 201431SEC filing
Nov 10, 2014Amendment$33,128,674$4,102,252vs Nov 13, 201331SEC filing
Nov 13, 2013Amendment$29,026,422$3,803,357vs Nov 13, 201226SEC filing
Nov 13, 2012Amendment$25,223,065$1,706,688vs Aug 24, 201124SEC filing
Aug 24, 2011Amendment$23,516,377$13,673,899vs Jun 9, 201021SEC filing
Jun 9, 2010Initial$9,842,478No comparison13SEC 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
021-143210

Source: Form D, filed Mar 16, 2026. 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

EP ABSOLUTE RETURN STRATEGIES TWO LTD.

Investment adviser: EHRENKRANZ PARTNERS L.P.

Gross asset value
$454M
Beneficial owners
58
ADV minimum commitment
$500K

Reported in Form ADV on Jun 8, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SEI GLOBAL SERVICES INC OAKS, Pennsylvania, United States Investor statements: No (provided to no investors) Related to adviser: No
Auditor ERNST & YOUNG LLP NEW YORK, New York, United States
Custodian BMO HARRIS BANK N.A. CHICAGO, Illinois, United States Related to adviser: No
Custodian PERSHING ADVISOR SOLUTIONS LLC JERSEY CITY, New Jersey, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG LLP
PCAOB 42

PERSHING ADVISOR SOLUTIONS LLC
SEC 8-47425

Filing source

Form ADV 2103114 · Jun 8, 2026 · Schedule D 7.B.(1), fund 805-4113083160

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
Laurence W. Cohen Director
Steven W Davidson Director
Kurt Dudas Director
Joel S. Ehrenkranz Director
Sanford B. Ehrenkranz Director
Michael Fierro Director
Kabir S Kapoor Director
Gregory Link Director
Marty Piccinich Director
Patrick Jc Shaw Director
Andrew Sommers Director
Ralph Woodford Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
375 Park Avenue
New York, NY, 10152