Select Alpha Fund II, L.P.

The absence of prior EDGAR filings means this manager is either new to SEC-reportable fund management or operated Fund I below the $150M threshold that triggers registration; the 06b exemption targeting pre-existing relationships only confirms the manager intends to build Fund II from an established LP base rather than conduct broad institutional marketing.

A mid-2026 filing for a hedge fund successor positions this manager to capitalize on LP appetite cycles in H2 2026 and 2027, when institutions typically commit capital after annual reviews; the $0 placeholder is standard practice for managers testing LP interest before committing to a specific target, suggesting they are validating demand before locking terms.

Before committing, verify whether Fund I has a hard close or whether the manager is accepting new capital into Fund I concurrently—dual-vintage raises from the same team can fragment LP exposure and liquidity, and confirm Meschi and Fletcher's prior fund management tenure outside EDGAR, since no prior filings limits visibility into their track record or any key-man restrictions.