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Destiny Alternative Fund II LLC

Other Private FundFund ID 805-4147126636Delaware, United States
Gross assets
$185.9M
Min. investment
$100K
Beneficial owners
185
Size rank
Top 33%
Audited
Yes
Structure
Master

About this fund

Destiny Alternative Fund II LLC is a other private fund managed by First Trust Capital Management L.P.. The fund reports $185.9 million in gross assets, placing it among the top 33% of private funds by size. The stated minimum investment is $100,000. 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 ID805-4147126636
Fund typeOther Private Fund — MULTI CLASS VEHICLE WITH BOTH HEDGE FUND AND PRIVATE EQUITY CLASSES
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundYes
Feeder fundNo
Fund of fundsYes
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued100%

Other funds from this manager

FundTypeGross assets
Ft Private Investment Platform I LLCPrivate Equity$2.13B
Ft Alternative Platform I LLCHedge$438.5M
Ft Real Estate Platform I LLCReal Estate$304M
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Frequently asked questions

How large is Destiny Alternative Fund II LLC?

Destiny Alternative Fund II LLC reports $185.9 million in gross assets, among the top 33% of private funds by size.

What is the minimum investment for Destiny Alternative Fund II LLC?

The stated minimum investment is $100,000.

Who manages Destiny Alternative Fund II LLC?

Destiny Alternative Fund II LLC is managed by First Trust Capital Management L.P.

Does Destiny Alternative Fund II LLC disclose returns?

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

Service providers

Prime broker
None reported
Custodian
Administrator
Marketer

Reported gross assets

$185.9M▲ 159%
Jan '25 — $71.7MFeb '25 — $71.7MMar '25 — $98.5MApr '25 — $98.5MMay '25 — $98.5MJun '25 — $98.5MJul '25 — $98.5MAug '25 — $98.5MSep '25 — $98.5MOct '25 — $98.5MNov '25 — $98.5MDec '25 — $98.5MJan '26 — $98.5MFeb '26 — $98.5MMar '26 — $185.9MApr '26 — $185.9MMay '26 — $185.9MJun '26 — $185.9M
Jan '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 33%
Larger than 67% of 67,041 private funds
Gross assets vs Other Private FundsTop 29%
Larger than 71% of 8,892 other private funds
Minimum investmentTop 71%
Higher than 29% of funds reporting a minimum

Investor base

Adviser & related persons2%
Funds of funds2%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.