Merchants Capital 2021-Fli, LP
Real Estate FundFund ID 805-4060497430Delaware, United States
Gross assets
$136.7M
Min. investment
—
Beneficial owners
9
Size rank
Top 38%
Audited
Yes
Structure
Standalone
About this fund
Merchants Capital 2021-Fli, LP is a real estate fund managed by Merchants Investment Partners, LLC. The fund reports $136.7 million in gross assets, placing it among the top 38% of private funds by size. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-4060497430 |
| Fund type | Real Estate Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | No |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Merchants Healthcare Fund I, LP | Private Equity | $454.1M |
| Merchants Healthcare Fund I Offshore, LP | Private Equity | $17.1M |
Frequently asked questions
How large is Merchants Capital 2021-Fli, LP?
Merchants Capital 2021-Fli, LP reports $136.7 million in gross assets, among the top 38% of private funds by size.
Who manages Merchants Capital 2021-Fli, LP?
Merchants Capital 2021-Fli, LP is managed by Merchants Investment Partners, LLC.
Does Merchants Capital 2021-Fli, LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
M
New York, NY
Service providers
Reported gross assets
$136.7M▼ 32%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 38%
Larger than 62% of 67,041 private funds
Gross assets vs Real Estate FundsTop 28%
Larger than 72% of 5,814 real estate funds
Investor base
Adviser & related persons9%
Funds of funds91%
Non-U.S. persons65%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.