Get premium alternative investment insights

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

LexShares Marketplace Fund II LLC

CIK 0001819837Fund Vehicle2021 vintage
LexSharesFull Review

Raised

$12M

Investors

48

Min Invest

$50,000

AltStreet Analysis

·

Generated from EDGAR primary sources

LexShares Marketplace Fund II LLC is a litigation finance fund vehicle that has raised $11.5M from 48 investors as of this amended September 2021 filing, with a $50K minimum investment. The fund is managed by LexShares executives including Jay Greenberg and Max Volsky, and is part of the LexShares platform which operates multiple marketplace funds totaling over $80M across related entities.

This litigation finance fund represents a mid-tier institutional/accredited offering with a $50K minimum, consistent with marketplace funds in this asset class. The multi-fund structure across QP and non-QP vehicles is typical for litigation finance platforms seeking to accommodate both sub-$5M and qualified purchaser investors.

Data Flags

generalAmendment filing but no first sale date disclosed, making it impossible to assess filing timeliness or vintage timing
total_investors48 investors with $11.5M raised yields average check size of ~$240K, relatively small for a $50K minimum fund, suggesting concentration near the minimum
exemptionExemption type not specified in filing data despite being a material disclosure item
securities_typeSecurities type not specified, unusual for a fund vehicle of this size

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001819837
Entity NameLexShares Marketplace Fund II LLC
Exemption—
First Sale DateSeptember 15, 2021
Filing DateSeptember 15, 2021
Accession Number0001819837-21-000003
Total Amount Sold$12M
Total Investors48
Minimum Investment$50,000
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
$3M7 investors$250,000 min
Sep 2020D/A
$5M(+$2M)15 investors(+8)$250,000 min
Mar 2021D/A
$7M(+$2M)23 investors(+8)$250,000 min
May 2021D/A
$7M(+$512K)25 investors(+2)$250,000 min
Sep 2021D/ALatest
$12M(+$4M)48 investors(+23)$50,000 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.