AltMountain

Millrace Capital, LP

Berwyn, PA · CIK 1798828
Status: no Form D since Feb 2024. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Millrace Capital, LP is a private investment fund based in Berwyn, Pennsylvania. According to its most recent Form D, filed Feb 21, 2024, it has sold $15,492,000 of interests to 23 investors since its first sale in Jan 2020. The filing does not set a minimum investment. 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 Millrace Partners, LLC; Millrace Asset Group, Inc.

Total raised
$15,492,000Cumulative sales reported on Form D
Investors
23
First sale
Jan 1, 2020
Minimum investment
None set
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
Millrace Partners, LLC; Millrace Asset Group, Inc
Latest Form D
Feb 21, 2024

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. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Millrace Capital, LP

What is the minimum investment for Millrace Capital, LP?

Millrace Capital, LP's latest Form D, filed Feb 21, 2024, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Millrace Capital, LP?

Millrace Capital, LP 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 Millrace Capital, LP raised?

Millrace Capital, LP reports $15,492,000 sold from 23 investors on its Form D filed Feb 21, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is Millrace Capital, LP based?

Millrace Capital, LP is based in Berwyn, Pennsylvania.

When did Millrace Capital, LP launch?

Millrace Capital, LP reports its first sale in Jan 2020.

Size compared with every private investment fund

Raised more than 62% of the 290 private investment funds based in Pennsylvania, and more than 47% of all 10,266 that report sales.

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