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Next Legacy Inflection Fund 2, L.P

Venture Capital FundFund ID 805-8148135889Delaware, United States
Gross assets
$35.7M
Min. investment
$250K
Beneficial owners
83
Size rank
Top 61%
Audited
Yes
Structure
Standalone

About this fund

Next Legacy Inflection Fund 2, L.P is a venture capital fund managed by Next Legacy Management, LLC. The fund reports $35.7 million in gross assets, placing it among the top 61% of private funds by size. The stated minimum investment is $250,000. 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 ID805-8148135889
Fund typeVenture Capital Fund
3(c)(1) exclusionYes
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
Sales limited to qualified investorsYes
% of assets independently valued0%

Other funds from this manager

FundTypeGross assets
Legacy Venture VIII, LLCVenture Capital$541.1M
Legacy Venture VII, LLCVenture Capital$528.6M
Legacy Venture XI, LLCVenture Capital$500.4M
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Frequently asked questions

How large is Next Legacy Inflection Fund 2, L.P?

Next Legacy Inflection Fund 2, L.P reports $35.7 million in gross assets, among the top 61% of private funds by size.

What is the minimum investment for Next Legacy Inflection Fund 2, L.P?

The stated minimum investment is $250,000.

Who manages Next Legacy Inflection Fund 2, L.P?

Next Legacy Inflection Fund 2, L.P is managed by Next Legacy Management, LLC.

Does Next Legacy Inflection Fund 2, L.P disclose returns?

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

Manager

N
Portola Valley, CA

Service providers

Prime broker
None reported
Custodian
Administrator

Reported gross assets

$35.7M▲ 114%
Mar '25 — $16.7MApr '25 — $16.7MMay '25 — $16.7MJun '25 — $16.7MJul '25 — $16.7MAug '25 — $16.7MSep '25 — $16.7MOct '25 — $16.7MNov '25 — $16.7MDec '25 — $16.7MJan '26 — $16.7MFeb '26 — $16.7MMar '26 — $35.7MApr '26 — $35.7MMay '26 — $35.7MJun '26 — $35.7M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 61%
Larger than 39% of 67,041 private funds
Gross assets vs Venture Capital FundsTop 38%
Larger than 62% of 5,217 venture capital funds
Minimum investmentTop 56%
Higher than 44% of funds reporting a minimum

Investor base

Adviser & related persons49%
Funds of funds%
Non-U.S. persons12%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.