PhiFund2, LP is a venture capital fund based in New York, New York. According to its most recent Form D, filed Oct 14, 2025, it has sold $20,000,000 of interests since its first sale in Sep 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 PhiFund Managers, LLC; Michael Jasulavic; PhiFund2 GP, LLC.
- Total raised
- $20,000,000Cumulative sales reported on Form D
- Investors
- 0
- First sale
- Sep 22, 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
- PhiFund Managers, LLC; Michael Jasulavic; PhiFund2 GP, LLC
- Latest Form D
- Oct 14, 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. 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 PhiFund2, LP
What is the minimum investment for PhiFund2, LP?
PhiFund2, LP's latest Form D, filed Oct 14, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in PhiFund2, LP?
PhiFund2, 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 PhiFund2, LP raised?
PhiFund2, LP reports $20,000,000 sold on its Form D filed Oct 14, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is PhiFund2, LP based?
PhiFund2, LP is based in New York, New York and is managed by Phifund Managers, LLC.
When did PhiFund2, LP launch?
PhiFund2, LP reports its first sale in Sep 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 85% of the 1,259 venture capital funds based in New York, and more than 92% of all 15,180 that report sales.