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United States Power Fund II, L.P.

Private Equity FundFund ID 805-3687196952Delaware, United States
Gross assets
$1.7M
Min. investment
$10M
Beneficial owners
27
Size rank
Top 92%
Audited
Yes
Structure
Master

About this fund

United States Power Fund II, L.P. is a private equity fund managed by Ares Management LLC. The fund reports $1.7 million in gross assets, placing it among the top 92% of private funds by size. The stated minimum investment is $10 million. 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 ID805-3687196952
Fund typePrivate Equity 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 valued0%

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Ares Senior Direct Lending Master Fund II Designated Activity CompanyHedge$12.92B
Ares Capital Europe VI (e) II Levered, L.P.Hedge$9.89B
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Frequently asked questions

How large is United States Power Fund II, L.P.?

United States Power Fund II, L.P. reports $1.7 million in gross assets, among the top 92% of private funds by size.

What is the minimum investment for United States Power Fund II, L.P.?

The stated minimum investment is $10 million.

Who manages United States Power Fund II, L.P.?

United States Power Fund II, L.P. is managed by Ares Management LLC.

Does United States Power Fund II, L.P. disclose returns?

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

Manager

A
Los Angeles, CA

Service providers

Prime broker
None reported
Custodian

Reported gross assets

$1.7M▲ 20%
Feb '25 — $1.5MMar '25 — $1.8MApr '25 — $1.8MMay '25 — $1.8MJun '25 — $1.8MJul '25 — $1.8MAug '25 — $1.8MSep '25 — $1.8MOct '25 — $1.8MNov '25 — $1.8MDec '25 — $1.8MJan '26 — $1.8MFeb '26 — $1.8MMar '26 — $1.7MApr '26 — $1.7MMay '26 — $1.7MJun '26 — $1.7M
Feb '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 92%
Larger than 8% of 67,041 private funds
Gross assets vs Private Equity FundsTop 91%
Larger than 9% of 31,066 private equity funds
Minimum investmentTop 6%
Higher than 94% of funds reporting a minimum

Investor base

Adviser & related persons2%
Funds of funds29%
Non-U.S. persons32%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.