Micro Cap Partners L P is a hedge fund based in Palo Alto, California. According to its most recent Form D, filed Feb 25, 2026, the fund has sold $139,912,048 of interests to 116 investors since its first sale in May 1995. The minimum investment it accepts from an outside investor is $1,000,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Patrick Lee; Anthony Yun; Pai LLC.
Performance
No verified returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $139,912,048Cumulative sales reported on Form D
- Investors
- 116
- First sale
- May 1, 1995
- Minimum investment
- $1,000,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Patrick Lee; Anthony Yun; Pai LLC
- Latest Form D
- Feb 25, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Micro Cap Partners L P
What is the minimum investment for Micro Cap Partners L P?
According to its latest Form D, filed Feb 25, 2026, the minimum investment Micro Cap Partners L P accepts from an outside investor is $1,000,000.
Who can invest in Micro Cap Partners L P?
Micro Cap Partners L P is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Micro Cap Partners L P raised?
Micro Cap Partners L P reports $139,912,048 sold from 116 investors on its Form D filed Feb 25, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Micro Cap Partners L P based?
Micro Cap Partners L P is based in Palo Alto, California.
When did Micro Cap Partners L P launch?
Micro Cap Partners L P reports its first sale in May 1995.
Size compared with every hedge fund
Raised more than 72% of the 1,060 hedge funds based in California, and more than 63% of all 10,307 that report sales.