L2 Summit Fund, L.P.
L2 Summit Fund, L.P. is a hedge fund based in Wayland, Massachusetts. According to its most recent Form D, filed Aug 28, 2026, the fund has sold $93,250,708 of interests to 65 investors since its first sale in May 2014. The minimum investment it accepts from an outside investor is $750,000. 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. Related persons named in the filing include L2 Asset Management, LLC; L2 Summit GP, LLC.
Performance
No 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
- $93,250,708Cumulative sales reported on Form D
- Investors
- 65
- First sale
- May 10, 2014
- Minimum investment
- $750,000
- 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
- L2 Asset Management, LLC; L2 Summit GP, LLC
- Latest Form D
- Aug 28, 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 Summit Fund, L.P.
What is the minimum investment for L2 Summit Fund, L.P.?
According to its latest Form D, filed Aug 28, 2026, the minimum investment L2 Summit Fund, L.P. accepts from an outside investor is $750,000.
Who can invest in L2 Summit Fund, L.P.?
L2 Summit Fund, L.P. 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 L2 Summit Fund, L.P. raised?
L2 Summit Fund, L.P. reports $93,250,708 sold from 65 investors on its Form D filed Aug 28, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is L2 Summit Fund, L.P. based?
L2 Summit Fund, L.P. is based in Wayland, Massachusetts and is managed by L2 Asset Management, LLC.
When did L2 Summit Fund, L.P. launch?
L2 Summit Fund, L.P. reports its first sale in May 2014.
Size compared with every hedge fund
Raised more than 47% of the 475 hedge funds based in Massachusetts, and more than 56% of all 10,309 that report sales.