Form D · Hedge Fund

Brail Partners, LP

New York, NY · CIK 0001817506

Offering snapshot reported Jun 23, 2026 · SEC filing

Reported sold: $22.4M
Investors reported: 20
Minimum accepted: $500K
First sale: Sep 15, 2020

Fundraising history

Reported sold

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

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jun 23, 2026	Amendment	$22,355,000	$0vs Jun 9, 2025	20	SEC filing
Jun 9, 2025	Amendment	$22,355,000	$0vs Jun 12, 2024	20	SEC filing
Jun 12, 2024	Amendment	$22,355,000	-$682,019vs Jun 27, 2023	20	SEC filing
Jun 27, 2023	Amendment	$23,037,019	$0vs Sep 9, 2022	32	SEC filing
Sep 9, 2022	Amendment	$23,037,019	-$2,962,981vs Sep 9, 2021	32	SEC filing
Sep 9, 2021	Amendment	$26,000,000	No comparison	Not reported	SEC filing
Sep 10, 2020	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Equity, Pooled investment fund
Exemptions: 06b, 3C, 3C.1
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-375169

Source: Form D, filed Jun 23, 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

BRAIL PARTNERS, LP

Investment adviser: BRAIL CAPITAL MANAGEMENT, LP

Gross asset value: $25.3M
Beneficial owners: 25
ADV minimum commitment: $500K

Reported in Form ADV on Mar 9, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator WAYSTONE ADMINISTRATION SOLUTIONS (US) INC. NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHNREZNICK LLP NEW YORK, New York, United States

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Prime broker BTIG, LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

COHNREZNICK LLP
PCAOB 596

GOLDMAN SACHS & CO. LLC
SEC 8-129

BTIG, LLC
CRD 122225 · SEC 8-65473

Filing source

Form ADV 2040816 · Mar 9, 2026 · Schedule D 7.B.(1), fund 805-7945276270

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
Name	Reported role
David Jacob Brail	Executive, Promoter
N/A Brail Gp, Llc	Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

595 Madison Avenue 30 Th Floor
New York, NY, 10022