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 soldDates 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 |
|---|---|---|---|---|---|
| Feb 25, 2026 | Amendment | $139,912,048 | $0vs Apr 17, 2025 | 116 | SEC filing |
| Apr 17, 2025 | Amendment | $139,912,048 | $0vs Feb 27, 2025 | 116 | SEC filing |
| Feb 27, 2025 | Amendment | $139,912,048 | $0vs Mar 1, 2024 | 116 | SEC filing |
| Mar 1, 2024 | Amendment | $139,912,048 | $1,200,000vs Mar 6, 2023 | 116 | SEC filing |
| Mar 6, 2023 | Amendment | $138,712,048 | $0vs Mar 24, 2022 | 116 | SEC filing |
| Mar 24, 2022 | Amendment | $138,712,048 | $250,000vs Mar 26, 2021 | 116 | SEC filing |
| Mar 26, 2021 | Amendment | $138,462,048 | $750,000vs Mar 31, 2020 | 115 | SEC filing |
| Mar 31, 2020 | Amendment | $137,712,048 | $0vs Apr 2, 2019 | 115 | SEC filing |
| Apr 2, 2019 | Amendment | $137,712,048 | $675,000vs Apr 2, 2018 | 115 | SEC filing |
| Apr 2, 2018 | Amendment | $137,037,048 | $4,100,000vs Apr 13, 2017 | 113 | SEC filing |
| Apr 13, 2017 | Amendment | $132,937,048 | $350,000vs Apr 15, 2016 | 112 | SEC filing |
| Apr 15, 2016 | Amendment | $132,587,048 | $0vs Apr 29, 2014 | 109 | SEC filing |
| Apr 29, 2014 | Amendment | $132,587,048 | $2,747,180vs Apr 29, 2013 | 109 | SEC filing |
| Apr 29, 2013 | Amendment | $129,839,868 | $6,100,987vs Apr 17, 2012 | 106 | SEC filing |
| Apr 17, 2012 | Amendment | $123,738,881 | $0vs Apr 14, 2011 | 101 | SEC filing |
| Apr 14, 2011 | Amendment | $123,738,881 | $4,852,456vs Mar 26, 2010 | 101 | SEC filing |
| Mar 26, 2010 | Amendment | $118,886,425 | No comparison | 99 | SEC 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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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| MMX Global Partners, LLC | 000286531 | |
| Capital Connect, LLC | 000329399 | |
| Crewe Capital | None |
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.
| Name | Reported 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:Palo Alto, CA, 94301