P2 Nexxt Offshore 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 $41,117,407 of interests to 18 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 Karl General Partner LLC; Rachael Clarke; Karl Kapital LLC.
Performance
No verified returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to HedgeMountain directly.
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- Total raised
- $41,117,407Cumulative sales reported on Form D
- Investors
- 18
- 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
- Karl General Partner LLC; Rachael Clarke; Karl Kapital 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 54% of the 1,051 hedge funds based in California, and more than 42% of all 10,157 that report sales.