Form D · Other Investment Fund

Palace Mortgage Fund, L.P.

Scottsdale, AZ · CIK 0001838744

Offering snapshot reported Jan 6, 2021 · SEC filing

Reported sold: Yet to sell
Investors reported: 0
Minimum accepted: $0
First sale: Yet to occur

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
Jan 6, 2021	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

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

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-385433

Source: Form D, filed Jan 6, 2021. 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

PALACE MORTGAGE FUND, L.P.

Investment adviser: BALBEC CAPITAL MANAGEMENT LP

Gross asset value: $67.1M
Beneficial owners: 13
ADV minimum commitment: $0

Reported in Form ADV on Apr 27, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SEI GLOBAL SERVICES, INC. OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG GEORGE TOWN, Cayman Islands

Custodian J.P. MORGAN NEW YORK, New York, United States Related to adviser: No

Custodian U.S. BANK CHICAGO, Illinois, 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

KPMG
PCAOB 1323

Filing source

Form ADV 2099104 · Apr 27, 2026 · Schedule D 7.B.(1), fund 805-5359931944

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

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
Palace Mortgage Fund, L.P. (this fund)	Jan 6, 2021	Yet to sell	0
Palace Mortgage Fund II, L.P.	Jun 7, 2022	Yet to sell	0

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
Philip Daniels	Director, Executive
Scott Gilbert	Director, Executive
Jeff C. Padden	Director, Executive
Charles Rusbasan	Director, Executive
Warren Spector	Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

7114 E. Stetson Dr., Suite 250
Scottsdale, AZ, 85251