Ugly Unicorn II LP files a $1B hedge fund fund

New fund · Hedge fund · Raising · LEHI, UT · Form D filed 2025-07-09 · all Ugly Unicorn vehicles

3(c)(7) — qualified purchasersFirst filing by this entityrepeat_fund_numeralNeeds prime broker / custody506(c) general solicitation

How this compares

$1B is larger than 99% of the 169 hedge fund fund launches with a stated size in the last two years; the median is $25M.
Among 149 fund launches filed from UT in the same window it is larger than 99%; the UT median is $15M.
Across 174 hedge fund sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 7 months.
No earlier fund launch by this sponsor appears on EDGAR.

Computed from every Form D fund launch on EDGAR since late 2024, not sampled. Amounts are the stated offering size; indefinite offerings are excluded.

Ugly Unicorn on EDGAR

Earlier and related filings by the same issuer and sponsor. All Ugly Unicorn vehicles →

Ugly Unicorn II LP updates its Form D — $11.3M sold

Fund raise update · Hedge fund · Raising · Offering $1B · Sold $11.3M · LEHI, UT · filed 2026-07-09

3(c)(7) — qualified purchasers

Ugly Unicorn Crypto Fund I LP updates its Form D — $24.1M sold

Fund raise update · Digital assets · Raising · Offering $100M · Sold $24.1M · LEHI, UT · filed 2026-07-17

Ugly Unicorn Crypto Fund I LP updates its Form D — $23.4M sold

Fund raise update · Digital assets · Raising · Offering $100M · Sold $23.4M · LEHI, UT · filed 2025-07-18

People on the filing

- Ugly Unicorn II LLC	Executive Officer
Dan Young	Executive Officer
- Ugly Unicorn Management LLC	Executive Officer
Bridger Pennington	Executive Officer

Signed by Bridger Pennington, Managing Member of the GP of the Issuer.

Why now — by persona

Relevant to: Fund administrator, Fund audit & tax, Custodian / prime broker, Compliance consultant / RIA registration, Placement agent / capital introduction.

Filing contact

The issuer's phone number and address from the filing are shown to subscribers. See plans.