L2 Express Fund, LP is a hedge fund based in Wayland, Massachusetts. According to its most recent Form D, filed Jul 15, 2026, the fund has sold $7,495,000 of interests to 3 investors since its first sale in Jul 2026. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. 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 L2 Summit GP, LLC; L2 Asset Management, LLC.
Performance
No verified returns have been reported for this fund. As a rough guide, L2 Asset Management, LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +9.4% 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 +41.5% (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.
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- Total raised
- $7,495,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Jul 1, 2026
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- L2 Summit GP, LLC; L2 Asset Management, LLC
- Latest Form D
- Jul 15, 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 L2 Express Fund, LP
What is the minimum investment for L2 Express Fund, LP?
L2 Express Fund, LP's latest Form D, filed Jul 15, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in L2 Express Fund, LP?
L2 Express Fund, LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has L2 Express Fund, LP raised?
L2 Express Fund, LP reports $7,495,000 sold from 3 investors on its Form D filed Jul 15, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is L2 Express Fund, LP based?
L2 Express Fund, LP is based in Wayland, Massachusetts and is managed by L2 Asset Management, LLC.
When did L2 Express Fund, LP launch?
L2 Express Fund, LP reports its first sale in Jul 2026, 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 hedge fund
Raised more than 14% of the 474 hedge funds based in Massachusetts, and more than 18% of all 10,308 that report sales.