AFG Investment Partners II LP
AFG Investment Partners II LP is a hedge fund based in Pittsburgh, Pennsylvania. According to its most recent Form D, filed Jan 2, 2026, the fund has sold $21,096,623 of interests to 110 investors since its first sale in May 2003. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Allegheny Financial Group, Ltd; Browne, Haynes, Kuhn, LLC; JJB Advisory, LLC.
Performance
No verified returns have been reported for this fund. As a rough guide, Allegheny Financial Group, which manages it, disclosed U.S. stock holdings that returned an estimated +7.2% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q3 2024 to Q2 2026, the estimate is +19.8% (S&P 500: +37.2%).
This estimate covers the firm's whole disclosed long U.S. stock portfolio. It is not this fund's return and excludes dividends, fees, shorts, derivatives, bonds, cash and trading within each quarter.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $21,096,623Cumulative sales reported on Form D
- Investors
- 110
- First sale
- May 1, 2003
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Allegheny Financial Group, Ltd; Browne, Haynes, Kuhn, LLC; JJB Advisory, LLC
- Latest Form D
- Jan 2, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about AFG Investment Partners II LP
What is the minimum investment for AFG Investment Partners II LP?
AFG Investment Partners II LP's latest Form D, filed Jan 2, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in AFG Investment Partners II LP?
AFG Investment Partners II LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has AFG Investment Partners II LP raised?
AFG Investment Partners II LP reports $21,096,623 sold from 110 investors on its Form D filed Jan 2, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is AFG Investment Partners II LP based?
AFG Investment Partners II LP is based in Pittsburgh, Pennsylvania and is managed by Allegheny Financial Group.
When did AFG Investment Partners II LP launch?
AFG Investment Partners II LP reports its first sale in May 2003.
Size compared with every hedge fund
Raised more than 46% of the 143 hedge funds based in Pennsylvania, and more than 31% of all 10,308 that report sales.