AltMountain

Protagonist II LP

Bay Harbor Islands, FL · CIK 2074054 · Managed by Protagonist Management LLC

Protagonist II LP is a venture capital fund based in Bay Harbor Islands, Florida. According to its most recent Form D, filed Aug 21, 2026, it has sold $111,850,000 of interests to 11 investors since its first sale in Aug 2025. 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. Related persons named in the filing include General Partner Protagonist II GP LLC; George Ruan; Harry Hurst.

Total raised
$111,850,000Cumulative sales reported on Form D
Investors
11
First sale
Aug 22, 2025
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
General Partner Protagonist II GP LLC; George Ruan; Harry Hurst
Latest Form D
Aug 21, 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 Protagonist II LP

What is the minimum investment for Protagonist II LP?

Protagonist II LP's latest Form D, filed Aug 21, 2026, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Protagonist II LP?

Protagonist II 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 Protagonist II LP raised?

Protagonist II LP reports $111,850,000 sold from 11 investors on its Form D filed Aug 21, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is Protagonist II LP based?

Protagonist II LP is based in Bay Harbor Islands, Florida and is managed by Protagonist Management LLC.

When did Protagonist II LP launch?

Protagonist II LP reports its first sale in Aug 2025.

Size compared with every venture capital fund

Raised more than 98% of the 585 venture capital funds based in Florida, and more than 98% of all 15,160 that report sales.

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