Pecos Royalty Partners, L.P. is a private equity fund based in Dallas, Texas. According to its most recent Form D, filed Jun 5, 2025, it has sold $12,550,000 of interests to 41 investors since its first sale in May 2025. The minimum investment it accepts from an outside investor is $25,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include John Morrow; Kathryn Francis; Pecos Investors, L.P.
- Total raised
- $12,550,000Cumulative sales reported on Form D
- Investors
- 41
- First sale
- May 15, 2025
- Minimum investment
- $25,000
- 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
- John Morrow; Kathryn Francis; Pecos Investors, L.P
- Latest Form D
- Jun 5, 2025
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 Pecos Royalty Partners, L.P.
What is the minimum investment for Pecos Royalty Partners, L.P.?
According to its latest Form D, filed Jun 5, 2025, the minimum investment Pecos Royalty Partners, L.P. accepts from an outside investor is $25,000.
Who can invest in Pecos Royalty Partners, L.P.?
Pecos Royalty 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 Pecos Royalty Partners, L.P. raised?
Pecos Royalty Partners, L.P. reports $12,550,000 sold from 41 investors on its Form D filed Jun 5, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Pecos Royalty Partners, L.P. based?
Pecos Royalty Partners, L.P. is based in Dallas, Texas and is managed by Pecos Investors, L.P..
When did Pecos Royalty Partners, L.P. launch?
Pecos Royalty Partners, L.P. reports its first sale in May 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private equity fund
Raised more than 69% of the 1,472 private equity funds based in Texas, and more than 46% of all 9,142 that report sales.