Otherwise Platform Fund II, L.P.
Otherwise Fund · adviser of record: Otherwise Fund Management, LLC · 2020 vintage
Otherwise Platform Fund II, L.P. is a 2020 venture fund managed by Otherwise Fund, with $18mm raised (Form D, amount sold). It reported $29.1mm in gross assets at year-end 2025, 1.62x its size, its highest reported value.
- Latest value held
- $29.1mm year-end 2025
- Peak
- $29.1mm year-end 2025
- Fund size
- $18mm Form D, amount sold
- Held vs. size
- 1.62x peak 1.62x
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 | $29.1mm | 1.62x | +33% over 2 yrs |
| 2023 | $21.9mm | 1.21x | -11% |
| 2022 | $24.5mm | 1.36x | +17% |
| 2021 | $21mm | 1.17x | +12% |
| 2020 | $18.8mm | 1.04x | – |
Other funds from Otherwise Fund
- Otherwise Fund IV, L.P. 2023
- Otherwise SPV Platform III, L.P. 2022
- OW VA Customer SPV, L.P. 2022
- OW FA LLC 2022
- OW Devant, LLC 2022
- Otherwise Fund III, L.P. 2021
- Otherwise Founder SPV, L.P. 2021
- Otherwise SPV Platform II, L.P. 2020
- Otherwise SPV Platform Fund, L.P. 2019
- Otherwise RP SPV, L.P. 2019
- Otherwise Fund I, L.P. 2018
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 805-3416561372. Data updated October 13, 2026.
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