P2 Nexxt Fund LP is a hedge fund based in San Francisco, California. According to its most recent Form D, filed Oct 21, 2025, the fund has sold $32,488,172 of interests to 22 investors since its first sale in Jan 2021. The minimum investment it accepts from an outside investor is $500,000. 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, HedgeMountain classifies it as an emerging manager. Related persons named in the filing include Rachael Clarke; Karl Kapital LLC; Karl General Partner LLC.
- Total raised
- $32,488,172Cumulative sales reported on Form D
- Investors
- 22
- First sale
- Jan 1, 2021
- Minimum investment
- $500,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Rachael Clarke; Karl Kapital LLC; Karl General Partner LLC
- Latest Form D
- Oct 21, 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 HedgeMountain 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
Size compared with every hedge fund
Raised more than 49% of the 1,051 hedge funds based in California, and more than 38% of all 10,157 that report sales.