Louisburg Square II, LP is a hedge fund based in Louisville, Kentucky. According to its most recent Form D, filed Apr 28, 2026, the fund has sold $37,000,000 of interests to 2 investors since its first sale in Sep 2024. The minimum investment it accepts from an outside investor is $1,000,000. 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 Daniel Nall; Claire Brown; Aristides Capital LLC.
Performance
No verified returns have been reported for this fund. As a rough guide, Aristides Capital LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +7.8% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q3 2024 to Q2 2026, the estimate is +48.9% (S&P 500: +37.2%).
This estimate covers the firm's whole disclosed long U.S. stock portfolio. It is not this fund's return and excludes dividends, fees, shorts, derivatives, bonds, cash and trading within each quarter.
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- Total raised
- $37,000,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Sep 27, 2024
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Daniel Nall; Claire Brown; Aristides Capital LLC
- Latest Form D
- Apr 28, 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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Louisburg Square II, LP
What is the minimum investment for Louisburg Square II, LP?
According to its latest Form D, filed Apr 28, 2026, the minimum investment Louisburg Square II, LP accepts from an outside investor is $1,000,000.
Who can invest in Louisburg Square II, LP?
Louisburg Square II, 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 Louisburg Square II, LP raised?
Louisburg Square II, LP reports $37,000,000 sold from 2 investors on its Form D filed Apr 28, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Louisburg Square II, LP based?
Louisburg Square II, LP is based in Louisville, Kentucky and is managed by Aristides Capital LLC.
When did Louisburg Square II, LP launch?
Louisburg Square II, LP reports its first sale in Sep 2024, 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 hedge fund
Raised more than 60% of the 20 hedge funds based in Kentucky, and more than 41% of all 10,308 that report sales.