Form D · Other Investment Fund

MacKay Municipal Capital Trading Fund, L.P.

New York, NY · CIK 0001686551

Offering snapshot reported Oct 16, 2026 · SEC filing

Reported sold: $497M
Investors reported: 129
Minimum accepted: $250K
First sale: Oct 1, 2016

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.

Reported sold$410,078,802 → $496,961,432
Reported investors117 → 129

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Oct 16, 2026	Amendment	$496,961,432	$86,882,630vs Oct 17, 2025	129	SEC filing
Oct 17, 2025	Amendment	$410,078,802	$150,495,640vs Oct 17, 2024	117	SEC filing
Oct 17, 2024	Amendment	$259,583,162	$0vs Oct 17, 2023	93	SEC filing
Oct 17, 2023	Amendment	$259,583,162	$61,001,420vs Oct 17, 2022	76	SEC filing
Oct 17, 2022	Amendment	$198,581,742	$99,445,310vs Oct 15, 2021	67	SEC filing
Oct 15, 2021	Amendment	$99,136,432	$16,009,451vs Oct 15, 2020	38	SEC filing
Oct 15, 2020	Amendment	$83,126,981	$17,577,680vs Oct 15, 2019	25	SEC filing
Oct 15, 2019	Amendment	$65,549,301	$38,618,500vs Oct 15, 2018	18	SEC filing
Oct 15, 2018	Amendment	$26,930,801	$4,199,000vs Oct 12, 2017	7	SEC filing
Oct 12, 2017	Amendment	$22,731,801	$718,950vs Oct 12, 2016	4	SEC filing
Oct 12, 2016	Initial	$22,012,851	No comparison	3	SEC filing

Offering details

Securities: Pooled investment fund, Other
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $2.2M (estimated)
Finders' fees: $0
Form D file number: 021-272286

Limited Partnership Interests

The Investment Manager of the Issuer shares a portion of its management fee received from the Issuer with one or more of the Issuer's placement agents. Such placement agents may receive other fees (e.g., sales loads) payable directly

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
NYLIFE Distributors LLC	35350
Gallatin Capital LLC	124738

Source: Form D, filed Oct 16, 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

MACKAY MUNICIPAL CAPITAL TRADING FUND, L.P.

Investment adviser: MACKAY SHIELDS LLC

Gross asset value: Not reported
Beneficial owners: Not reported
ADV minimum commitment: Not reported

Reported in Form ADV on Aug 6, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

No provider names available in this fund's imported disclosure.

Provider details

Annual audit: Not reported
Prime brokers: Not reported
Custodians: Not reported
Administrator other than the adviser: Not reported
External marketing: Not reported

Filing source

Form ADV 2124546 · Aug 6, 2026 · Schedule D 7.B.(1), fund 805-2018217476

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
Robert A. Di Mella	Executive
John M. Loffredo	Executive
N/A Mac Kay Municipal Capital Trading Gp Llc	Promoter
N/A Mac Kay Municipal Managers Capital Trading Gp Llc	Promoter
N/A Mac Kay Municipal Managers Capital Trading Gp, Llc	Executive
N/A Mac Kay Municipal Trading Capital Gp, Llc	Executive
N/A Mac Kay Shields Llc	Promoter
N/A Mac Kay Shields, Llc	Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

299 Park Avenue 32nd Floor
New York, NY, 10171