81 Collection Fund II, L.P. is a venture capital fund based in Chicago, Illinois. According to its most recent Form D, filed Jun 24, 2026, it has sold $42,228,500 of interests to 118 investors since its first sale in May 2025. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include The 81 Collection GP II, LLC; Vijen Patel.
- Total raised
- $42,228,500Cumulative sales reported on Form D
- Investors
- 118
- First sale
- May 2, 2025
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- The 81 Collection GP II, LLC; Vijen Patel
- Latest Form D
- Jun 24, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about 81 Collection Fund II, L.P.
What is the minimum investment for 81 Collection Fund II, L.P.?
81 Collection Fund II, L.P.'s latest Form D, filed Jun 24, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in 81 Collection Fund II, L.P.?
81 Collection Fund II, L.P. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has 81 Collection Fund II, L.P. raised?
81 Collection Fund II, L.P. reports $42,228,500 sold from 118 investors on its Form D filed Jun 24, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is 81 Collection Fund II, L.P. based?
81 Collection Fund II, L.P. is based in Chicago, Illinois.
When did 81 Collection Fund II, L.P. launch?
81 Collection Fund II, L.P. reports its first sale in May 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 87% of the 148 venture capital funds based in Illinois, and more than 95% of all 15,160 that report sales.