Latitude II, L.P.
Phoenix Court Group · adviser of record: Phoenix Court Fund Management Limited · 2020 vintage
Latitude II, L.P. is a 2020 venture fund managed by Phoenix Court Group, with $200mm raised (Form D, amount sold). It reported $241mm in gross assets at year-end 2025, 1.21x its size, against a peak of $253mm in 2023.
- Latest value held
- $241mm year-end 2025
- Peak
- $253mm year-end 2023
- Fund size
- $200mm Form D, amount sold
- Held vs. size
- 1.21x peak 1.27x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $241mm | 1.21x | -5% over 2 yrs |
| 2023 | $253mm | 1.27x | +3% |
| 2022 | $246mm | 1.23x | – |
Other funds from Phoenix Court Group
- Solar I CO-Invest L.P. 2023
- Latitude III, L.P. 2022
- Localglobe XII, L.P. 2022
- Local Globe VII, L.P. 2022
- Latitude X, L.P. 2022
- Solar Fund I, L.P. 2022
- Basecamp LP 2022
- Localglobe XI, L.P. 2020
- Localglobe Opportunity, L.P. 2020
- Latitude, L.P. 2018
- Localglobe X, L.P. 2018
- Localglobe VIII, L.P. 2016
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-9862201552. Data updated October 13, 2026.
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