Form D · Other Investment Fund

PAR INVESTMENT PARTNERS LP

Boston, MA · CIK 0001066867

Offering snapshot reported Mar 13, 2026 · SEC filing

Reported sold: $2.24B
Investors reported: 280
Minimum accepted: $1M
First sale: Jul 1, 1990

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$2,214,386,002 → $2,236,068,002

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Mar 13, 2026	Amendment	$2,236,068,002	$21,682,000vs Mar 14, 2025	280	SEC filing
Mar 14, 2025	Amendment	$2,214,386,002	$0vs Mar 29, 2024	280	SEC filing
Mar 29, 2024	Amendment	$2,214,386,002	$27,790,263vs Mar 30, 2023	279	SEC filing
Mar 30, 2023	Amendment	$2,186,595,739	$126,935,479vs Mar 30, 2022	279	SEC filing
Mar 30, 2022	Amendment	$2,059,660,260	$148,346,012vs Mar 30, 2020	278	SEC filing
Mar 30, 2021	Amendment	$1,927,945,244	$16,630,996vs Mar 30, 2020	278	SEC filing
Mar 30, 2020	Amendment	$1,911,314,248	$9,919,000vs Mar 29, 2019	278	SEC filing
Mar 29, 2019	Amendment	$1,901,395,248	$1,552,619vs Mar 30, 2018	278	SEC filing
Mar 30, 2018	Amendment	$1,899,842,629	$80,067,370vs Mar 31, 2017	278	SEC filing
Mar 31, 2017	Amendment	$1,819,775,259	$557,819,887vs Mar 31, 2016	278	SEC filing
Mar 31, 2016	Amendment	$1,261,955,372	$245,000,000vs Apr 2, 2015	247	SEC filing
Apr 2, 2015	Amendment	$1,016,955,372	$181,650,000vs Apr 17, 2014	237	SEC filing
Apr 17, 2014	Amendment	$835,305,372	$17,506,418vs Apr 18, 2013	199	SEC filing
Apr 18, 2013	Amendment	$817,798,954	$403,150,000vs Apr 30, 2012	197	SEC filing
Apr 30, 2012	Amendment	$414,648,954	$84,052,893vs May 16, 2011	159	SEC filing
May 16, 2011	Amendment	$330,596,061	$270,596,061vs Mar 11, 2009	152	SEC filing
Mar 11, 2009	Amendment	$60,000,000	No comparison	Not reported	SEC filing
May 3, 2007	Paper	Not reported	No comparison	Not reported	SEC filing

Offering details

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

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-103252

Source: Form D, filed Mar 13, 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

PAR INVESTMENT PARTNERS, L.P.

Investment adviser: PAR CAPITAL MANAGEMENT, INC.

Gross asset value: $1.47B
Beneficial owners: 58
ADV minimum commitment: $1M

Reported in Form ADV on Mar 12, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C TECHNOLOGIES, INC. NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor GRANT THORNTON LLP BOSTON, Massachusetts, United States

Custodian FIDELITY BROKERAGE SERVICES LLC SMITHFIELD, Rhode Island, United States Related to adviser: No

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

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

Custodian NATIONAL FINANCIAL SERVICES LLC JERSEY CITY, New Jersey, United States Related to adviser: No

Custodian THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No

Custodian UBS SECURITIES LLC STAMFORD, Connecticut, United States Related to adviser: No

Prime broker FIDELITY BROKERAGE SERVICES LLC SMITHFIELD, Rhode Island, United States

Prime broker J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Prime broker UBS SECURITIES LLC STAMFORD, Connecticut, United States

Provider details

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

GRANT THORNTON LLP
PCAOB 248

FIDELITY BROKERAGE SERVICES LLC
SEC 8-23292

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MORGAN STANLEY & CO. LLC
SEC 8-15869

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
LEI 54930042DBMRRWU1QM80

UBS SECURITIES LLC
SEC 8-22651

FIDELITY BROKERAGE SERVICES LLC
CRD 7784 · SEC 8-23292

J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 8-35008

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

UBS SECURITIES LLC
CRD 7654 · SEC 8-22651

Filing source

Form ADV 2056054 · Mar 12, 2026 · Schedule D 7.B.(1), fund 805-2605410848

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
Frederick S. Downs, Jr.	Executive
Arthur G. Epker, Iii	Executive
("Gpgp") Par Capital Management, Inc.	Executive
("Gp") Par Group Ii, L.P.	Executive
("Gp") Par Group, L.P.	Executive
Paul A. Reeder, Iii	Executive
Edward L. Shapiro	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

C/O Par Capital Mgt 200 Clarendon Street Fl 48
Boston, MA, 02116