Destiny Alternative Fund II LLC is a hedge fund based in Chicago, Illinois. According to its most recent Form D, filed Nov 20, 2025, the fund has sold $141,349,792 of interests to 256 investors since its first sale in Apr 2021. 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. Related persons named in the filing include Chad Eisenberg; Michael Peck; Thomas Reckley.
Performance
No verified returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $141,349,792Cumulative sales reported on Form D
- Investors
- 256
- First sale
- Apr 1, 2021
- 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
- Chad Eisenberg; Michael Peck; Thomas Reckley
- Latest Form D
- Nov 20, 2025
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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Destiny Alternative Fund II LLC
What is the minimum investment for Destiny Alternative Fund II LLC?
Destiny Alternative Fund II LLC's latest Form D, filed Nov 20, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Destiny Alternative Fund II LLC?
Destiny Alternative Fund II LLC 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 Destiny Alternative Fund II LLC raised?
Destiny Alternative Fund II LLC reports $141,349,792 sold from 256 investors on its Form D filed Nov 20, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Destiny Alternative Fund II LLC based?
Destiny Alternative Fund II LLC is based in Chicago, Illinois.
When did Destiny Alternative Fund II LLC launch?
Destiny Alternative Fund II LLC reports its first sale in Apr 2021.
Size compared with every hedge fund
Raised more than 76% of the 323 hedge funds based in Illinois, and more than 64% of all 10,308 that report sales.