Get premium alternative investment insights

Get the Briefing
AltStreet
EDGAR Verified
Primary Source · SEC.gov

LexShares Marketplace Fund II QP LLC

CIK 0001819819Fund Vehicle2021 vintage
LexSharesFull Review

Raised

$47M

Investors

65

Min Invest

$100,000

AltStreet Analysis

·

Generated from EDGAR primary sources

LexShares Marketplace Fund II QP LLC is a qualified purchaser litigation finance vehicle managed by LexShares, having raised $46.6M from 65 investors with a $100K minimum investment. This amended filing represents the qualified purchaser share class of the Fund II vehicle, operating alongside the non-QP share class that raised $11.5M. The entity is part of the LexShares platform, which has filed for multiple litigation finance funds totaling over $83M across its marketplace fund series.

This qualified purchaser vehicle falls within the typical litigation finance fund structure, where parallel fund architectures (QP and non-QP) are common for accommodating different investor qualification levels. The $100K minimum is standard for alternative investment funds targeting accredited investors, and the $46.6M raise across 65 investors (~$717K average commitment) reflects institutional-grade litigation financing deployment.

Data Flags

total_amount_soldQP share class raised $46.6M versus $11.5M in the parallel non-QP vehicle, indicating disproportionate capital concentration in the qualified purchaser tranche
first_sale_dateFirst sale date not disclosed on amended filing, making it impossible to assess fundraising velocity or late filing risk
related_personsMultiple entity-level executive officers listed (LexShares Carried Interest LLC, LawShares LLC) alongside individual officers, suggesting complex management fee or carry structure

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001819819
Entity NameLexShares Marketplace Fund II QP LLC
Exemption—
First Sale DateSeptember 15, 2021
Filing DateSeptember 15, 2021
Accession Number0001819819-21-000003
Total Amount Sold$47M
Total Investors65
Minimum Investment$100,000
Securities Type—
State of IncorporationNot specified
Amendment Count4 amendments filed

Capital Raise Timeline

Chronological filing history from primary SEC Form D documents. Delta figures show change from previous filing.

Aug 2020D
$35M15 investors$250,000 min
Sep 2020D/A
$36M(+$1M)19 investors(+4)$250,000 min
Mar 2021D/A
$41M(+$5M)51 investors(+32)$100,000 min
May 2021D/A
$44M(+$3M)55 investors(+4)$100,000 min
Sep 2021D/ALatest
$47M(+$2M)65 investors(+10)$100,000 min

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

Jay Greenberg

Executive Officer · New York, NY

Max Volsky

Executive Officer · New York, NY

N/A LexShares Carried Interest, LLC

Executive Officer · New York, NY

N/A LawShares, LLC

Executive Officer · New York, NY

Cayse Llorens

Executive Officer · New York, NY

Is this your offering?

Claim this profile to add contact information, team members, LinkedIn profiles, fund history, and additional financial data. EDGAR-sourced data and AltStreet analysis cannot be edited, but corrections can be requested for verifiable inaccuracies.

Claim Profile — FreeGet Verified — $2,400/yr

Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. AltStreet analysis (summaries, flags, category context) is generated by Claude from this primary source data and reviewed for accuracy. Platform-provided information (if present) is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. EDGAR data is verified read-only — platforms may request factual corrections for demonstrable inaccuracies by contacting research@altstreet.investments. This page does not constitute investment advice.