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Butterfly II, LP

Private Equity FundFund ID 805-8085158395Delaware, United States
Gross assets
$624.5M
Min. investment
$25K
Beneficial owners
71
Size rank
Top 12%
Audited
Yes
Structure
Standalone

About this fund

Butterfly II, LP is a private equity fund managed by Butterfly Equity LP. The fund reports $624.5 million in gross assets, placing it among the top 12% of private funds by size. The stated minimum investment is $25,000. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-8085158395
Fund typePrivate Equity Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued0%

Other funds from this manager

FundTypeGross assets
Butterfly Nourish Co-Invest, LPPrivate Equity$1.84B
Red Admiral Fund LPPrivate Equity$1.78B
Butterfly Ii-A, LPPrivate Equity$687M
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Frequently asked questions

How large is Butterfly II, LP?

Butterfly II, LP reports $624.5 million in gross assets, among the top 12% of private funds by size.

What is the minimum investment for Butterfly II, LP?

The stated minimum investment is $25,000.

Who manages Butterfly II, LP?

Butterfly II, LP is managed by Butterfly Equity LP.

Does Butterfly II, LP disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

B
Beverly Hills, CA

Service providers

Reported gross assets

$624.5M▲ 7%
Mar '25 — $583.5MApr '25 — $583.5MMay '25 — $583.5MJun '25 — $583.5MJul '25 — $583.5MAug '25 — $583.5MSep '25 — $583.5MOct '25 — $583.5MNov '25 — $583.5MDec '25 — $583.5MJan '26 — $583.5MFeb '26 — $583.5MMar '26 — $624.5MApr '26 — $624.5MMay '26 — $624.5MJun '26 — $624.5M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 12%
Larger than 88% of 67,041 private funds
Gross assets vs Private Equity FundsTop 11%
Larger than 89% of 31,066 private equity funds
Minimum investmentTop 90%
Higher than 10% of funds reporting a minimum

Investor base

Adviser & related persons4%
Funds of funds21%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.