Siena Capital Partners I, L.P.
Siena Capital Partners I, L.P. is a hedge fund based in Chicago, Illinois. According to its most recent Form D, filed Aug 4, 2025, the fund has sold $148,783,032 of interests to 120 investors since its first sale in May 2004. The minimum investment it accepts from an outside investor is $500,000. 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 Daniel Kanter; Siena Capital Partners GP, LLC; David Abraham.
Performance
No verified returns have been reported for this fund. As a rough guide, Siena Capital Partners GP, LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +16.0% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q3 2024 to Q2 2026, the estimate is +68.1% (S&P 500: +37.2%).
This estimate covers the firm's whole disclosed long U.S. stock portfolio. It is not this fund's return and excludes dividends, fees, shorts, derivatives, bonds, cash and trading within each quarter.
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- Total raised
- $148,783,032Cumulative sales reported on Form D
- Investors
- 120
- First sale
- May 10, 2004
- Minimum investment
- $500,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- Over $100,000,000Self-reported
- Key people and entities
- Daniel Kanter; Siena Capital Partners GP, LLC; David Abraham
- Latest Form D
- Aug 4, 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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Siena Capital Partners I, L.P.
What is the minimum investment for Siena Capital Partners I, L.P.?
According to its latest Form D, filed Aug 4, 2025, the minimum investment Siena Capital Partners I, L.P. accepts from an outside investor is $500,000.
Who can invest in Siena Capital Partners I, L.P.?
Siena Capital Partners I, 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 Siena Capital Partners I, L.P. raised?
Siena Capital Partners I, L.P. reports $148,783,032 sold from 120 investors on its Form D filed Aug 4, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Siena Capital Partners I, L.P. based?
Siena Capital Partners I, L.P. is based in Chicago, Illinois and is managed by Siena Capital Partners GP, LLC.
When did Siena Capital Partners I, L.P. launch?
Siena Capital Partners I, L.P. reports its first sale in May 2004.
Size compared with every hedge fund
Raised more than 76% of the 323 hedge funds based in Illinois, and more than 64% of all 10,307 that report sales.