AltMountain

Merced Capital, L.P.

Minnetonka, MN · CRD 137228
Hedge fund manager

Merced Capital, L.P. is an SEC-registered investment adviser based in Minnetonka, MN that reports managing 1 hedge fund on Form ADV. It reports $251.2 million in regulatory assets under management. Its private funds, of all types, hold $251.2 million in gross assets.

Regulatory assets under management
$251.2 millionForm ADV Item 5.F
Gross assets of private funds
$251.2 millionAll private fund types, Form ADV
Hedge funds managed
16 private funds in total
Employees
5Form ADV Item 5.A
Registration
SEC-registered adviserCRD 137228
Latest Form ADV
03/25/2026Disciplinary disclosures: none reported

Private funds reported on Form ADV (7)

Fund
Gross assets
Minimum
Owners
Adviser
Merced Partners V, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$243M
Minimum$5.0M
Owners43
AdviserMerced Capital, L.P.
Merced Partners Limited Partnership
Delaware, United StatesHedge fund
Gross assets$109M
Minimum$1.0M
Owners82
AdviserMerced Capital, L.P.
Merced Partners IV, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$98.3M
Minimum$5.0M
Owners128
AdviserMerced Capital, L.P.
AGH Acquisition Partners, LLC
Delaware, United StatesPrivate equity fund
Gross assets$69.0M
MinimumNone set
Owners15
AdviserMerced Capital, L.P.
Merced Real Estate Partners II, L.P.
Delaware, United StatesReal estate fund
Gross assets$59.3M
Minimum$1.1M
Owners3
AdviserMerced Capital, L.P.
Merced Non-Operated Resources, L.p
Delaware, United StatesPrivate equity fund
Gross assets$31.1M
Minimum$100K
Owners21
AdviserMerced Capital, L.P.
Merced Real Estate Partners I, L.P.
Delaware, United StatesReal estate fund
Gross assets$25.4M
Minimum$5.0M
Owners16
AdviserMerced Capital, L.P.

As reported in the adviser's Form ADV filed Jun 4, 2024. Funds also listed from Form D are shown above.

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures