Form D · Private Equity Fund

Trailhead Income LP

West Conshohocken, PA · CIK 0001812169

Offering snapshot reported Mar 9, 2026 · SEC filing

Reported sold
$47.5M
Indefinite offering
Investors reported
98
Form D · investor count
Minimum accepted
$250K
Reported outside-investor minimum
First sale
Jun 22, 2020
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$25.5M$51.1MMay 19, 2020Feb 8, 2022: $38,380,000.00Feb 15, 2023: $51,095,635.00Mar 20, 2024: $49,925,634.00Nov 19, 2024: $47,505,252.00Nov 19, 2024: $47,505,252.00Nov 19, 2024: $47,505,252.00Mar 13, 2025: $47,505,252.00Mar 9, 2026: $47,505,252.00Mar 9, 2026

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.

No comparable changes in the displayed metrics.

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 9, 2026Amendment$47,505,252$0vs Mar 13, 202598SEC filing
Mar 13, 2025Amendment$47,505,252$0vs Nov 19, 202498SEC filing
Nov 19, 2024Amendment$47,505,252-$2,420,382vs Mar 20, 202498SEC filing
Nov 19, 2024Amendment$47,505,252$0vs Nov 19, 202498SEC filing
Nov 19, 2024Amendment$47,505,252$0vs Nov 19, 202498SEC filing
Mar 20, 2024Amendment$49,925,634-$1,170,001vs Feb 15, 202399SEC filing
Feb 15, 2023Amendment$51,095,635$12,715,635vs Feb 8, 202299SEC filing
Feb 8, 2022Amendment$38,380,000No comparison81SEC filing
May 19, 2020InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
06b, 3C, 3C.1
Duration over one year
No
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-367274
Limited Partnership Interests

Source: Form D, filed Mar 9, 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

TRAILHEAD INCOME, LP

Investment adviser: FOCUS PARTNERS WEALTH, LLC

Gross asset value
$46.6M
Beneficial owners
89
ADV minimum commitment
$250K

Reported in Form ADV on Sep 29, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NAV CONSULTING, INC. OAK BROOK, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor MENGEL METZGER BARR & CO., LLP ROCHESTER, New York, United States
Custodian TD PRIME SERVICES LLC NEW YORK, New York, 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

MENGEL METZGER BARR & CO., LLP
PCAOB 557

TD PRIME SERVICES LLC
SEC 8-3337

Filing source

Form ADV 2120006 · Sep 29, 2026 · Schedule D 7.B.(1), fund 805-5106082884

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
NameReported role
N/A N/A Focus Partners Wealth, Llc Promoter
N/A N/A Gratus Capital, Llc Executive
Brendan W. Lake Executive
Patrick Nolan Executive
N/A N/A Ppb Trailhead Mgt., Llc Executive
N/A N/A The Colony Group, Llc Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
300 Barr Harbor Drive Suite 260
West Conshohocken, PA, 19428