Form D · Hedge Fund

Punch Nano Cap Partners I, LLC

Edina, MN · CIK 0001731864

Offering snapshot reported Mar 17, 2026 · SEC filing

Reported sold: $45.3M
Investors reported: 42
Minimum accepted: $500K
First sale: Mar 19, 2018

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$44,147,877 → $45,307,877
Reported investors41 → 42

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Mar 17, 2026	Amendment	$45,307,877	$1,160,000vs Jun 23, 2025	42	SEC filing
Jul 8, 2025	Amendment	$0	-$43,047,877vs Mar 26, 2025	40	SEC filing
Jun 23, 2025	Amendment	$44,147,877	$6,100,000vs Mar 28, 2024	41	SEC filing
Mar 26, 2025	Initial	$43,047,877	No comparison	40	SEC filing
Mar 28, 2024	Amendment	$38,047,877	$3,083,800vs Mar 31, 2023	40	SEC filing
Mar 31, 2023	Amendment	$34,964,077	$5,127,000vs Apr 1, 2022	39	SEC filing
Apr 1, 2022	Amendment	$29,837,077	$5,214,000vs Feb 26, 2021	35	SEC filing
Feb 26, 2021	Amendment	$24,623,077	$20,623,077vs Mar 22, 2018	27	SEC filing
Mar 23, 2020	Amendment	$21,083,077	$17,083,077vs Mar 22, 2018	23	SEC filing
Mar 22, 2018	Initial	$4,000,000	No comparison	5	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: 021-308376

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 NANO CAP PARTNERS I, LLC

Investment adviser: PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.

Gross asset value: $83.7M
Beneficial owners: 38
ADV minimum commitment: $500K

Reported in Form ADV on Apr 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C ALTERNATIVE INVESTMENT SERVICES LLC BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RSM US LLP CHICAGO, Illinois, United States

Custodian CHARLES SCHWAB & CO., INC. MINNEAPOLIS, Minnesota, United States Related to adviser: No

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

Prime broker CHARLES SCHWAB & CO., INC. MINNEAPOLIS, Minnesota, United States

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 805-3042884166

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
John G. Carraux	Executive
Paul T. Dwyer	Executive
Jessica B. Johnson	Executive
Andrew J. Matysik	Executive
Inc. Punch & Associates Investment Management,	Director, Executive
None Punch & Associates Investment Management, Inc.	Director, Executive
N/A Punch & Associates Investment Management, Inc.,	Director, Executive
Howard J. Punch, Jr.	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

7701 France Ave. S., Ste. 300
Edina, MN, 55435