Micro Cap Partners, L.P.
Hedge FundFund ID 805-6986817957Delaware, United States
Gross assets
$84M
Min. investment
$1M
Beneficial owners
25
Size rank
Top 46%
Audited
Yes
Structure
Standalone
About this fund
Micro Cap Partners, L.P. is a hedge fund managed by Palo Alto Investors LP. The fund reports $84 million in gross assets, placing it among the top 46% of private funds by size. The stated minimum investment is $1 million. 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 | 805-6986817957 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | No |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 98% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Palo Alto Healthcare Master Fund II, L.P. | Hedge | $280M |
| Palo Alto Healthcare Master Fund, L.P. | Hedge | $227M |
| Palo Alto Advanced Life Sciences Master Fund, L.P. | Hedge | $87M |
See all 5 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Micro Cap Partners, L.P.?
Micro Cap Partners, L.P. reports $84 million in gross assets, among the top 46% of private funds by size.
What is the minimum investment for Micro Cap Partners, L.P.?
The stated minimum investment is $1 million.
Who manages Micro Cap Partners, L.P.?
Micro Cap Partners, L.P. is managed by Palo Alto Investors LP.
Does Micro Cap Partners, L.P. disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
P
Palo Alto, CA
Service providers
Prime broker
Custodian
Administrator
Auditor
Marketer
Reported gross assets
$84M▲ 62%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 46%
Larger than 54% of 67,041 private funds
Gross assets vs Hedge FundsTop 60%
Larger than 40% of 12,442 hedge funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum
Investor base
Adviser & related persons69%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.