JLS Fund II LP is a venture capital fund based in New York, New York. According to its most recent Form D, filed May 11, 2026, it has sold $13,029,190 of interests to 41 investors since its first sale in Dec 2023. The minimum investment it accepts from an outside investor is $250,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Lindsay Hoover; JLS Fund II GP LLC; Simeon Schnapper.
- Total raised
- $13,029,190Cumulative sales reported on Form D
- Investors
- 41
- First sale
- Dec 18, 2023
- Minimum investment
- $250,000
- 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
- Lindsay Hoover; JLS Fund II GP LLC; Simeon Schnapper
- Latest Form D
- May 11, 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. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about JLS Fund II LP
What is the minimum investment for JLS Fund II LP?
According to its latest Form D, filed May 11, 2026, the minimum investment JLS Fund II LP accepts from an outside investor is $250,000.
Who can invest in JLS Fund II LP?
JLS Fund 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 JLS Fund II LP raised?
JLS Fund II LP reports $13,029,190 sold from 41 investors on its Form D filed May 11, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is JLS Fund II LP based?
JLS Fund II LP is based in New York, New York.
When did JLS Fund II LP launch?
JLS Fund II LP reports its first sale in Dec 2023, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 80% of the 1,252 venture capital funds based in New York, and more than 90% of all 15,160 that report sales.