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EDGAR Verified
Primary Source · SEC.gov

Westwood Legalist DIP Fund II, LLC

CIK 0001982404Feeder Fund2023 vintage
LegalistFull Review

Raised

$1M

Investors

6

Min Invest

$0

AltStreet Analysis

·

Generated from EDGAR primary sources

Westwood Legalist DIP Fund II, LLC is a litigation finance vehicle filed by Westwood Advisors LLC and Westwood Alternative Opportunities, LLC that raised $1.4M from 6 investors with no stated minimum investment under Rule 506(b). This entity is part of the Legalist platform, which operates multiple litigation finance funds including a related $69.5M Legalist DIP Fund II, LP. First sale date was not disclosed in this filing.

This filing represents a modest-sized litigation finance vehicle within the Legalist fund family, which specializes in debtor-in-possession (DIP) financing and litigation-backed investments. The $0 stated minimum investment and 506(b) exemption suggest a pre-existing investor base, contrasting with typical institutional-focused litigation finance offerings that carry high minimums ($250K+).

Data Flags

minimum_investment$0 stated minimum investment on a $1.4M raise suggests either error in disclosure or highly flexible investment terms for a specialized litigation finance vehicle
first_sale_dateFirst sale date not disclosed despite reporting $1.4M in capital raised, preventing vintage year determination
entity_structureLLC structure filed alongside a related LP entity (Legalist DIP Fund II, LP with $69.5M) suggests potential feeder/parallel fund arrangement or manager co-investment vehicle
investor_concentrationAverage check size of $233K across 6 investors is relatively uniform, suggesting sophisticated or institutional investor base despite $0 stated minimum

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001982404
Entity NameWestwood Legalist DIP Fund II, LLC
Exemption—
First Sale DateJuly 13, 2023
Filing DateJuly 13, 2023
Accession Number0001982404-23-000001
Total Amount Sold$1M
Total Investors6
Minimum Investment$0 (no stated minimum)
Securities Type—
State of IncorporationNot specified
Amendment CountOriginal filing only

Related Persons (Form D)

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

- Westwood Advisors LLC

Executive Officer · Dallas, TX

- Westwood Alternative Opportunities, LLC

Executive Officer · Dallas, TX

Leah Bennett

Executive Officer · Dallas, TX

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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.