Form D · Private Equity Fund

Angeles Direct Equity Fund 2 LP

Santa Monica, CA · CIK 0001985053

Offering snapshot reported Jul 18, 2024 · SEC filing

Reported sold: $144M
Investors reported: 113
Minimum accepted: $1M
First sale: Jun 1, 2023

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

Reported sold$96,940,000 → $144,040,000
Reported investors59 → 113

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jul 18, 2024	Amendment	$144,040,000	$47,100,000vs Jul 21, 2023	113	SEC filing
Jul 21, 2023	Initial	$96,940,000	No comparison	59	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.1
Duration over one year: No
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-487604

Source: Form D, filed Jul 18, 2024. Minimum accepted may differ from a standard advertised minimum.

Fund connections

Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.

Matched by reported Form D file number

ANGELES DIRECT EQUITY FUND 2 LP

Investment adviser: ANGELES INVESTMENT ADVISORS, LLC.

Gross asset value: $266M
Beneficial owners: 115
ADV minimum commitment: $1M

Reported in Form ADV on Jul 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C TECHNOLOGIES, INC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

Auditor ERNST & YOUNG LOS ANGELES, California, United States Other funds reporting this name →

Custodian FIRST-CITIZENS BANK & TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No Other funds reporting this name →

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG
PCAOB 42

FIRST-CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

Fund asset history · 3 annual observations

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Fiscal year	Gross assets	Beneficial owners	ADV filed
2023	$48,421,712	73	Mar 29, 2024
2024	$135,668,950	115	Mar 28, 2025
2025	$266,002,883	115	Mar 13, 2026

Filing source

Form ADV 2115563 · Jul 30, 2026 · Schedule D 7.B.(1), fund 805-7499374863

Reported by ANGELES INVESTMENT ADVISORS, LLC. (CRD 110213).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
N/A Angeles Direct Equity Gp 2 Llc	Promoter
N/A Angeles Investment Advisors, Llc	Executive
Howard D. Perlow	Executive
Michael A. Rosen	Executive
Stephen Smetana	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

429 Santa Monica Blvd., Suite 650
Santa Monica, CA, 90401
Phone: 310-393-6300