Form D · Hedge Fund
Punch Micro Cap Partners, LLC
Edina, MN · CIK 0001573465
Offering snapshot reported Mar 17, 2026 · SEC filing
- Reported sold
- $128M Indefinite offering
- Investors reported
- 134 Form D · investor count
- Minimum accepted
- $250K Reported outside-investor minimum
- First sale
- Jul 1, 2005 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.
- Reported sold$125,858,186 → $128,278,186
- Reported investors133 → 134
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Mar 17, 2026 | Amendment | $128,278,186 | $2,420,000vs Jun 23, 2025 | 134 | SEC filing |
| Jul 8, 2025 | Amendment | $0 | -$120,328,186vs Mar 26, 2025 | 130 | SEC filing |
| Jun 23, 2025 | Amendment | $125,858,186 | $9,333,000vs Mar 28, 2024 | 133 | SEC filing |
| Mar 26, 2025 | Initial | $120,328,186 | No comparison | 130 | SEC filing |
| Mar 28, 2024 | Amendment | $116,525,186 | $2,675,000vs Mar 31, 2023 | 130 | SEC filing |
| Mar 31, 2023 | Amendment | $113,850,186 | $5,508,725vs Apr 1, 2022 | 130 | SEC filing |
| Apr 1, 2022 | Amendment | $108,341,461 | $6,014,020vs Feb 26, 2021 | 128 | SEC filing |
| Feb 26, 2021 | Amendment | $102,327,441 | $3,893,000vs Mar 20, 2020 | 120 | SEC filing |
| Mar 20, 2020 | Amendment | $98,434,441 | $6,540,000vs Mar 21, 2019 | 117 | SEC filing |
| Mar 21, 2019 | Amendment | $91,894,441 | $4,133,000vs Mar 27, 2018 | 109 | SEC filing |
| Mar 27, 2018 | Amendment | $87,761,441 | $6,403,682vs Mar 27, 2017 | 106 | SEC filing |
| Mar 27, 2017 | Amendment | $81,357,759 | $5,223,800vs Mar 30, 2016 | 157 | SEC filing |
| Mar 30, 2016 | Amendment | $76,133,959 | $3,430,581vs Apr 1, 2015 | 116 | SEC filing |
| Apr 1, 2015 | Amendment | $72,703,378 | $4,092,800vs Apr 3, 2014 | 100 | SEC filing |
| Apr 3, 2014 | Amendment | $68,610,578 | $17,017,720vs Apr 3, 2013 | 93 | SEC filing |
| Apr 3, 2013 | Initial | $51,592,858 | No comparison | 82 | SEC filing |
Offering details
- Securities
- Equity, Pooled investment fund
- Exemptions
- 06b, 3C, 3C.1
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $0
- Finders' fees
- $0
- Form D file number
- 021-194421
Source: Form D, filed Mar 17, 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 MICRO CAP PARTNERS, LLC
Investment adviser: PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.
- Gross asset value
- $303M
- Beneficial owners
- 91
- ADV minimum commitment
- $250K
Reported in Form ADV on Apr 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
Provider details
- Annual audit
- Yes
- Prime brokers
- Yes
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
RSM US LLP
PCAOB 49
CHARLES SCHWAB & CO., INC.
SEC 8-16514
PERSHING LLC
SEC 8-17574
CHARLES SCHWAB & CO., INC.
CRD 5393 · SEC 8-16514
Filing source
Form ADV 2101459 · Apr 30, 2026 · Schedule D 7.B.(1), fund 805-4163216278
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.
| Name | Reported role |
|---|---|
| John C. Carraux | Executive |
| Paul T. Dwyer | Executive |
| Jessica B. Johnson | Executive |
| Andrew J. Matysik | Executive |
| N/A N/A Punch & Associates Investment Management, Inc. | Promoter |
| Howard D. Punch, Jr. | Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Edina, MN, 55435