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P2 Nexxt Offshore Master Fund LP

Hedge FundFund ID 805-7411213260Delaware, United States
Gross assets
$91.4M
Min. investment
$500K
Beneficial owners
21
Size rank
Top 45%
Audited
Yes
Structure
Master

About this fund

P2 Nexxt Offshore Master Fund LP is a hedge fund managed by Karl Kapital LLC. The fund reports $91.4 million in gross assets, placing it among the top 45% of private funds by size. The stated minimum investment is $500,000. 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 ID805-7411213260
Fund typeHedge Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundYes
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued100%

Other funds from this manager

FundTypeGross assets
P2 Nexxt Fund II LPHedge$41.8M
Nexxt SPV a LLCHedge$1.8M

Frequently asked questions

How large is P2 Nexxt Offshore Master Fund LP?

P2 Nexxt Offshore Master Fund LP reports $91.4 million in gross assets, among the top 45% of private funds by size.

What is the minimum investment for P2 Nexxt Offshore Master Fund LP?

The stated minimum investment is $500,000.

Who manages P2 Nexxt Offshore Master Fund LP?

P2 Nexxt Offshore Master Fund LP is managed by Karl Kapital LLC.

Does P2 Nexxt Offshore Master Fund LP disclose returns?

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

Manager

K
San Francisco, CA

Service providers

Prime broker
Custodian
Administrator

Reported gross assets

$91.4M▼ 37%
Mar '25 — $145.3MApr '25 — $145.3MMay '25 — $145.3MJun '25 — $145.3MJul '25 — $145.3MAug '25 — $145.3MSep '25 — $145.3MOct '25 — $145.3MNov '25 — $145.3MDec '25 — $145.3MJan '26 — $145.3MFeb '26 — $145.3MMar '26 — $91.4MApr '26 — $91.4MMay '26 — $91.4MJun '26 — $91.4M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 45%
Larger than 55% of 67,041 private funds
Gross assets vs Hedge FundsTop 59%
Larger than 41% of 12,442 hedge funds
Minimum investmentTop 50%
Higher than 50% of funds reporting a minimum

Investor base

Adviser & related persons29%
Funds of funds%
Non-U.S. persons46%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.