AltMountain

Element Fund 2, LP

San Antonio, TX · CIK 1841360
Status: no Form D since Sep 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Element Fund 2, LP is a private equity fund based in San Antonio, Texas. According to its most recent Form D, filed Sep 29, 2021, it has sold $30,040,000 of interests to 46 investors since its first sale in Feb 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 Element Capital Management 2, LLC; Lew Moorman; Ed Byrne.

Total raised
$30,040,000Cumulative sales reported on Form D
Investors
46
First sale
Feb 2, 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
Element Capital Management 2, LLC; Lew Moorman; Ed Byrne
Latest Form D
Sep 29, 2021

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 Element Fund 2, LP

What is the minimum investment for Element Fund 2, LP?

Element Fund 2, LP's latest Form D, filed Sep 29, 2021, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Element Fund 2, LP?

Element Fund 2, LP 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 Element Fund 2, LP raised?

Element Fund 2, LP reports $30,040,000 sold from 46 investors on its Form D filed Sep 29, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Element Fund 2, LP based?

Element Fund 2, LP is based in San Antonio, Texas.

When did Element Fund 2, LP launch?

Element Fund 2, LP reports its first sale in Feb 2021.

Size compared with every private equity fund

Raised more than 76% of the 1,407 private equity funds based in Texas, and more than 57% of all 8,888 that report sales.

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