Philotimo SPV II, LP
Philotimo SPV II, LP is a hedge fund based in Coconut Creek, Florida. According to its most recent Form D, filed May 15, 2026, the fund has sold $2,900,000 of interests to 12 investors since its first sale in Jun 2025. 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 Kanen Wealth Management, LLC; David Kanen.
Performance
No verified returns have been reported for this fund. As a rough guide, Kanen Wealth Management LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +30.2% 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 +130.0% (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
- $2,900,000Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Jun 18, 2025
- 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
- Kanen Wealth Management, LLC; David Kanen
- Latest Form D
- May 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 Philotimo SPV II, LP
What is the minimum investment for Philotimo SPV II, LP?
According to its latest Form D, filed May 15, 2026, the minimum investment Philotimo SPV II, LP accepts from an outside investor is $250,000.
Who can invest in Philotimo SPV II, LP?
Philotimo SPV 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 Philotimo SPV II, LP raised?
Philotimo SPV II, LP reports $2,900,000 sold from 12 investors on its Form D filed May 15, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Philotimo SPV II, LP based?
Philotimo SPV II, LP is based in Coconut Creek, Florida and is managed by Kanen Wealth Management LLC.
When did Philotimo SPV II, LP launch?
Philotimo SPV II, LP reports its first sale in Jun 2025, 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 33% of the 750 hedge funds based in Florida, and more than 11% of all 10,308 that report sales.