Align Collaborate Fund II, LP

The absence of any prior EDGAR filings from this manager suggests either a newly formed entity, a small manager flying below SEC filing thresholds until now, or a manager historically operating outside the registered adviser ecosystem—meaning LPs should independently verify whether Align Collaborate Fund I achieved its stated objectives and returned capital on schedule before committing to Fund II.

A mid-2026 filing in the private equity space, paired with a $325M target and 06b exemption (pre-existing relationships only), indicates the manager is likely in the midst of a controlled, relationship-driven raise rather than a broad institutional push, which works only if Fund I demonstrated sufficient outcomes to sustain that closed network.

Before allocation, verify whether Fund I has a defined end date and what percentage of committed capital has actually been returned to LPs—the absence of prior public filings means there is no SEC track record to reference, and the manager's ability to re-raise depends entirely on private references from Fund I investors.