Form D · Hedge Fund

MICRO CAP PARTNERS L P

Palo Alto, CA · CIK 0000941712

Offering snapshot reported Feb 25, 2026 · SEC filing

Reported sold
$140M
Indefinite offering
Investors reported
116
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
May 1, 1995
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$70M$140MMar 26, 2010: $118,886,425.00Mar 26, 2010Apr 14, 2011: $123,738,881.00Apr 17, 2012: $123,738,881.00Apr 29, 2013: $129,839,868.00Apr 29, 2014: $132,587,048.00Apr 15, 2016: $132,587,048.00Apr 13, 2017: $132,937,048.00Apr 2, 2018: $137,037,048.00Apr 2, 2019: $137,712,048.00Mar 31, 2020: $137,712,048.00Mar 26, 2021: $138,462,048.00Mar 24, 2022: $138,712,048.00Mar 6, 2023: $138,712,048.00Mar 1, 2024: $139,912,048.00Feb 27, 2025: $139,912,048.00Apr 17, 2025: $139,912,048.00Feb 25, 2026: $139,912,048.00Feb 25, 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

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Feb 25, 2026Amendment$139,912,048$0vs Apr 17, 2025116SEC filing
Apr 17, 2025Amendment$139,912,048$0vs Feb 27, 2025116SEC filing
Feb 27, 2025Amendment$139,912,048$0vs Mar 1, 2024116SEC filing
Mar 1, 2024Amendment$139,912,048$1,200,000vs Mar 6, 2023116SEC filing
Mar 6, 2023Amendment$138,712,048$0vs Mar 24, 2022116SEC filing
Mar 24, 2022Amendment$138,712,048$250,000vs Mar 26, 2021116SEC filing
Mar 26, 2021Amendment$138,462,048$750,000vs Mar 31, 2020115SEC filing
Mar 31, 2020Amendment$137,712,048$0vs Apr 2, 2019115SEC filing
Apr 2, 2019Amendment$137,712,048$675,000vs Apr 2, 2018115SEC filing
Apr 2, 2018Amendment$137,037,048$4,100,000vs Apr 13, 2017113SEC filing
Apr 13, 2017Amendment$132,937,048$350,000vs Apr 15, 2016112SEC filing
Apr 15, 2016Amendment$132,587,048$0vs Apr 29, 2014109SEC filing
Apr 29, 2014Amendment$132,587,048$2,747,180vs Apr 29, 2013109SEC filing
Apr 29, 2013Amendment$129,839,868$6,100,987vs Apr 17, 2012106SEC filing
Apr 17, 2012Amendment$123,738,881$0vs Apr 14, 2011101SEC filing
Apr 14, 2011Amendment$123,738,881$4,852,456vs Mar 26, 2010101SEC filing
Mar 26, 2010Amendment$118,886,425No comparison99SEC filing

Offering details

Securities
Equity, Pooled investment fund, Other
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$0 (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-94171-2L
This is a continuous offering. The amount disclosed is the gross amount of interest sold by the Issuer and does not include redemptions by investors. The number of investors disclosed in Item 14 below is an estimate and does not include redemptions.
Limited Partner Interests
The Issuer does not pay sales commissions or finders' fees expenses. The investment adviser of the issuer pays a portion of the management fees it receives to the entities listed in Item 12.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
MMX Global Partners, LLC000286531
Capital Connect, LLC000329399
Crewe CapitalNone

Source: Form D, filed Feb 25, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

No confirmed ADV fund connection is available for this issuer.

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
William L. Edwards Executive, Promoter
Patrick Y. Lee Executive
N/A Pai Llc Executive
N/A Palo Alto Investors, Llc Executive
Mark Shamia Executive, Promoter
Scott R. Smith Executive
Anthony Joonkyoo Yun Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
101 University Avenue, Suite 200
Palo Alto, CA, 94301