Precept Management Partners LP
Precept Management Partners LP is a private investment fund based in Dallas, Texas. According to its most recent Form D, filed Sep 4, 2026, it has sold $52,422,896 of interests to 6 investors since its first sale in Jul 2004. 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 D. Baker; Nick Roossien; 9823 Capital, L.P.
- Total raised
- $52,422,896Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Jul 1, 2004
- 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
- D. Baker; Nick Roossien; 9823 Capital, L.P
- Latest Form D
- Sep 4, 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. 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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Sep 4, 2026 | Amendment | $52,422,896 | 6 | SEC.gov ↗ |
| Aug 28, 2025 | Amendment | $52,422,896 | 6 | SEC.gov ↗ |
| Aug 13, 2024 | Amendment | $52,422,896 | 6 | SEC.gov ↗ |
| Aug 4, 2023 | Amendment | $50,065,896 | 5 | SEC.gov ↗ |
| Aug 5, 2022 | Amendment | $6,493,002 | 5 | SEC.gov ↗ |
| Aug 5, 2021 | Amendment | $6,493,002 | 5 | SEC.gov ↗ |
| Aug 6, 2020 | Amendment | $6,493,002 | 5 | SEC.gov ↗ |
| Aug 6, 2019 | Amendment | $6,493,002 | 5 | SEC.gov ↗ |
| Aug 6, 2018 | Amendment | $6,493,002 | 5 | SEC.gov ↗ |
| Aug 9, 2017 | Amendment | $6,493,002 | 5 | SEC.gov ↗ |
| Aug 12, 2016 | Amendment | $6,493,002 | 5 | SEC.gov ↗ |
| Aug 13, 2015 | Amendment | $6,134,039 | 5 | SEC.gov ↗ |
14 Form D filings in the SEC's electronic records (2008 onward), the earliest on Feb 16, 2012. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Showing the latest 12 of 14 filings; the rest are on SEC.gov. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about Precept Management Partners LP
What is the minimum investment for Precept Management Partners LP?
Precept Management Partners LP's latest Form D, filed Sep 4, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Precept Management Partners LP?
Precept Management Partners 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 Precept Management Partners LP raised?
Precept Management Partners LP reports $52,422,896 sold from 6 investors on its Form D filed Sep 4, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Precept Management Partners LP based?
Precept Management Partners LP is based in Dallas, Texas and is managed by 9823 Capital, LP.
When did Precept Management Partners LP launch?
Precept Management Partners LP reports its first sale in Jul 2004.
Size compared with every private investment fund
Raised more than 72% of the 879 private investment funds based in Texas, and more than 63% of all 10,333 that report sales.