Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Funds / L2 Point Opportunities I, L.P.

L2 Point Opportunities I, L.P.

Active deploymentUnknownOpportunity fundother manager vehicleADV: Private Equity FundL2 Point Management LLCDelaware
Amounts, each with its basis
Vintage
2022basis: form d first sale
Target
unknownnot announced
First close
unknownnever inferred from a Form D
Final close
unknownonly from an announcement or an LP disclosure
Announced size
unknown
Form D offering
$300Mwhat may be sold, not what was raised; file 021-444990, sworn by the adviser or filed under this vehicle
Form D sold
$206Mas of the filing of May 2, 2024, 12 investors
First sale
May 18, 2022
Reported GAV
$244Mon the Form ADV filed Aug 6, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
7
Reported on ADV
Mar 30, 2023 to Aug 6, 2024
Fundraising evidence
Unknown
latest Form D 2024-05-02, older than 15 months (fr-1)
evidence dated May 2, 2024. A Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Lifecycle
Active deployment
vintage 2 to 4 years
age years: 4first sale: 2022-05-18vintage year: $2,022adv gav as of: 2024-08-06vintage basis: form_d_first_saleform d sold usd: $206Mform d offering usd: $300Mform d latest filed at: 2024-05-02
The fund's own reporting through time
5 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 30, 2023Private Equity Fund$99.4M
7$5.0M1%yes
Jun 28, 2023Private Equity Fund$100M
7$5.0M1%yes
Mar 28, 2024Private Equity Fund$134M
7$5.0M1%yes
Jul 9, 2024Private Equity Fund$244M
7$5.0M1%yes
Aug 6, 2024Private Equity Fund$244M
7$5.0M1%yes
Principals and agents
2 principals on Form D, 1 placement agents
  • Kerstin Dittmar Executive Officer
  • L2 Point Opportunities I GP, L.P. Executive Officer
  • PJT Partners LP placement agent
Limited partners and their reported performance
2 public LP reports
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
Los Angeles City Employees' Retirement System lacers.org2022n/an/an/an/a10.0%1.4xDec 31, 2025
Los Angeles City Employees' Retirement System lacers.org2022$30.0Mn/an/an/anot meaningful yetunknownJun 9, 2022

Each row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).

Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
6 events
  1. Dec 31, 2025
    LACERS reports L2 Point Opportunities I: an undisclosed amount committed, vintage 2022, net IRR 10.0%, 1.38x
    LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  2. May 2, 2024
    L2 Point Opportunities I, L.P. filed Form D/A: $206,300,000 sold of $300,000,000, Other Investment Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. May 5, 2023
    L2 Point Opportunities I, L.P. filed Form D/A: $100,200,000 sold of $300,000,000, Other Investment Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  4. Mar 30, 2023
    L2 Point Opportunities I, L.P. first reported on Form ADV by L2 Point Management LLC (Private Equity Fund), GAV $99,361,604
    Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  5. Jun 9, 2022
    LACERS commits $30,000,000 to L2 Point Opportunities I (L2 Point), closed 2022-06-09, new relationship
    LP commitment closed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  6. May 9, 2022
    L2 Point Opportunities I, L.P. filed Form D: no sales yet of $300,000,000, Other Investment Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
44 observations
Every observation on this vehicle