Form D · Hedge Fund

Punch Card Capital, L.P.

Winter Park, FL · CIK 0001419050

Offering snapshot reported Aug 26, 2026 · SEC filing

Reported sold: $272M
Investors reported: 33
Minimum accepted: $3M
First sale: Jun 1, 2004

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$205,430,000 → $272,162,300
Reported investors36 → 33

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Aug 26, 2026	Amendment	$272,162,300	$66,732,300vs Aug 29, 2016	33	SEC filing
Aug 26, 2025	Amendment	$280,708,643	No comparison	Not reported	SEC filing
Aug 26, 2024	Amendment	$285,558,643	$80,128,643vs Aug 29, 2016	37	SEC filing
Aug 25, 2023	Amendment	$300,083,643	$94,653,643vs Aug 29, 2016	39	SEC filing
Aug 26, 2022	Amendment	$299,983,643	$94,553,643vs Aug 29, 2016	39	SEC filing
Aug 27, 2021	Amendment	$296,883,663	No comparison	Not reported	SEC filing
Aug 28, 2020	Amendment	$276,397,398	$70,967,398vs Aug 29, 2016	41	SEC filing
Aug 29, 2019	Amendment	$259,112,398	$7,900,146vs Aug 29, 2017	43	SEC filing
Aug 29, 2018	Amendment	$251,382,352	$170,100vs Aug 29, 2017	44	SEC filing
Aug 29, 2017	Amendment	$251,212,252	$45,782,252vs Aug 29, 2016	43	SEC filing
Aug 29, 2016	Initial	$205,430,000	No comparison	36	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: 021-269670

Source: Form D, filed Aug 26, 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

PUNCH CARD CAPITAL, LP

Investment adviser: PUNCH CARD MANAGEMENT LP

Gross asset value: $505M
Beneficial owners: 36
ADV minimum commitment: $3M

Reported in Form ADV on Mar 26, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator GOTHAM ASSET MANAGEMENT, LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHNREZNICK LLP NEW YORK, New York, United States

Custodian INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States Related to adviser: No

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

Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No

Custodian U.S. TRUST / BANK OF AMERICA NEW YORK, New York, United States Related to adviser: No

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

Prime broker PERSHING LLC JERSEY CITY, New Jersey, United States

Provider details

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

COHNREZNICK LLP
PCAOB 596

INTERACTIVE BROKERS LLC
SEC 8-47257

MORGAN STANLEY & CO. LLC
SEC 8-15869

PERSHING LLC
SEC 8-17574

U.S. TRUST / BANK OF AMERICA
LEI B4TYDEB6GKMZO031MB27

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

PERSHING LLC
CRD 7560 · SEC 8-17574

Filing source

Form ADV 2074695 · Mar 26, 2026 · Schedule D 7.B.(1), fund 805-7779443512

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
Norbert Lou	Executive, Promoter
Punch Card Capital Llc	Director
Punch Card Management Lp	Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

533 West New England Avenue Suite C
Winter Park, FL, 32789