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Punch Card Capital, LP

Hedge FundFund ID 805-7779443512Delaware, United States
Gross assets
$505.4M
Min. investment
$3M
Beneficial owners
36
Size rank
Top 15%
Audited
Yes
Structure
Standalone

About this fund

Punch Card Capital, LP is a hedge fund managed by Punch Card Management LP. The fund reports $505.4 million in gross assets, placing it among the top 15% of private funds by size. The stated minimum investment is $3 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 ID805-7779443512
Fund typeHedge Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued100%

Other funds from this manager

None reported.

Frequently asked questions

How large is Punch Card Capital, LP?

Punch Card Capital, LP reports $505.4 million in gross assets, among the top 15% of private funds by size.

What is the minimum investment for Punch Card Capital, LP?

The stated minimum investment is $3 million.

Who manages Punch Card Capital, LP?

Punch Card Capital, LP is managed by Punch Card Management LP.

Does Punch Card Capital, LP disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

P

Service providers

Reported gross assets

$505.4M▼ 5%
Mar '25 — $531MApr '25 — $531MMay '25 — $531MJun '25 — $531MJul '25 — $531MAug '25 — $531MSep '25 — $531MOct '25 — $531MNov '25 — $531MDec '25 — $531MJan '26 — $531MFeb '26 — $531MMar '26 — $505.4MApr '26 — $505.4MMay '26 — $505.4MJun '26 — $505.4M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 15%
Larger than 85% of 67,041 private funds
Gross assets vs Hedge FundsTop 25%
Larger than 75% of 12,442 hedge funds
Minimum investmentTop 30%
Higher than 70% of funds reporting a minimum

Investor base

Adviser & related persons36%
Funds of funds13%
Non-U.S. persons2%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.