Form D · Hedge Fund

BadgerMax Partners, LP

New York, NY · CIK 0001968059

Offering snapshot reported Mar 13, 2026 · SEC filing

Reported sold
$200M
Indefinite offering
Investors reported
1
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Mar 15, 2023
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$100M$200MMar 17, 2023: $200,000,000.00Mar 17, 2023Mar 15, 2024: $200,000,000.00Mar 15, 2024Mar 14, 2025: $200,000,000.00Mar 14, 2025Mar 13, 2026: $200,000,000.00Mar 13, 2026

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 13, 2026Amendment$200,000,000$0vs Mar 14, 20251SEC filing
Mar 14, 2025Amendment$200,000,000$0vs Mar 15, 20241SEC filing
Mar 15, 2024Amendment$200,000,000$0vs Mar 17, 20231SEC filing
Mar 17, 2023Initial$200,000,000No comparison1SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-476227

Source: Form D, filed Mar 13, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

BADGERMAX PARTNERS, LP

Investment adviser: LIBREMAX CAPITAL, LLC

Gross asset value
$200M
Beneficial owners
3
ADV minimum commitment
$10M

Reported in Form ADV on Mar 17, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator U.S. BANCORP FUND SERVICES, LLC MILWAUKEE, Wisconsin, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG LLP NEW YORK, New York, United States
Custodian U.S. BANK NATIONAL ASSOCIATION MINNEAPOLIS, Minnesota, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG LLP
PCAOB 42

Filing source

Form ADV 2073475 · Mar 17, 2026 · Schedule D 7.B.(1), fund 805-4521829466

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Fred Brettschneider Executive
Libre Max Capital, Llc Promoter
Libre Max Gp, Llc Executive
Greg Lippmann Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O Libremax Gp, Llc 601 Lexington Avenue, 30 Th Floor
New York, NY, 10022