Form D · Hedge Fund

Pabrai Investment Fund 2, L.P.

West Lake Hills, TX · CIK 0001571785

Offering snapshot reported Mar 13, 2026 · SEC filing

Reported sold
$140M
Indefinite offering
Investors reported
165
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
Oct 1, 2000
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$88.5M$177MMar 17, 2021: $177,000,000.00Mar 17, 2021Apr 5, 2022: $87,582,795.00Apr 4, 2023: $107,344,686.00Mar 12, 2024: $116,916,686.00Mar 12, 2025: $136,821,685.00Mar 12, 2026: $140,421,685.00Mar 13, 2026: $140,421,685.00Mar 13, 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.

  • Minimum accepted$5,000,000 → $1,000,000

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 13, 2026Amendment$140,421,685$0vs Mar 12, 2026165SEC filing
Mar 12, 2026Amendment$140,421,685$3,600,000vs Mar 12, 2025165SEC filing
Mar 12, 2025Amendment$136,821,685$19,904,999vs Mar 12, 2024164SEC filing
Mar 12, 2024Amendment$116,916,686$9,572,000vs Apr 4, 2023162SEC filing
Apr 4, 2023Amendment$107,344,686$19,761,891vs Apr 5, 2022160SEC filing
Apr 5, 2022Amendment$87,582,795-$89,417,205vs Mar 17, 2021157SEC filing
Mar 17, 2021Initial$177,000,000No comparison91SEC filing
Mar 16, 2020Initial$164,000,000No comparison94SEC filing
Mar 21, 2019Initial$157,000,000No comparison96SEC filing
Apr 12, 2018Initial$255,200,000No comparison97SEC filing
Mar 13, 2013Initial$107,000,000No comparison90SEC 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
021-392618

Source: Form D, filed Mar 13, 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

THE PABRAI INVESTMENT FUND II, L.P.

Investment adviser: DALAL STREET, LLC

Gross asset value
$306M
Beneficial owners
94
ADV minimum commitment
$10M

Reported in Form ADV on Aug 27, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator LICCAR FUND SERVICES CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSE COOPERS LLP CHICAGO, Illinois, United States
Custodian HORIZON BANK, SSB AUSTIN, Texas, United States Related to adviser: No
Custodian UBS FINANCIAL SERVICES INC. CHICAGO, Illinois, United States Related to adviser: No
Custodian UBS SECURITIES LLC NEW YORK, New York, United States Related to adviser: No
Prime broker UBS SECURITIES 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

PRICEWATERHOUSE COOPERS LLP
PCAOB 238

HORIZON BANK, SSB
LEI 549300I23OUVH341T124

UBS FINANCIAL SERVICES INC.
SEC 8-16267

UBS SECURITIES LLC
SEC 8-22651

UBS SECURITIES LLC
CRD 7654 · SEC 8-22651

Filing source

Form ADV 2128819 · Aug 27, 2026 · Schedule D 7.B.(1), fund 805-3344045078

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
Pabrai Mohnish Director
Mohnish Pabrai Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
4407 Bee Cave Road Suite 513
West Lake Hills, TX, 78746-6496