Hedge fund profile
The Precept Fund, L.P.
The Precept Fund, L.P. is reported as a hedge fund in Form ADV private-fund disclosures. The adviser is Precept Management, LLC, based in Dallas, Texas, United States.
$9.7Mgross assets
$500Kminimum
1owners
3(c)(1)exemption
Disclosure fields
Fund facts
SEC private fund ID805-8675150549
Reference ID30042
JurisdictionTexas, United States
Fund of fundsYes
Master fundNo
Feeder fundNo
Non-US ownership0%
Assets valued0%
Annual auditYes
GAAPYes
Source periodMarch 2026
Date submitted03/31/2026 01:52:52 PM
Adviser
TypeRegistered investment adviser
SEC number801-66256
CRD114671
Regulatory AUM$5.4M
Compliance signals
Exempt from registration Sales limitation not marked Prime brokers reported Custodians reported
Service providers
Reported counterparties
General partners
Precept Capital Management, L.P., General Partner
Auditors
SPICER JEFFRIES LLP
Prime brokers
GOLDMAN SACHS & CO. LLCINTERACTIVE BROKERS LLC
Custodians
GOLDMAN SACHS & CO. LLCU.S. BANK NATIONAL ASSOCATIONINTERACTIVE BROKERS LLCTEXAS CAPITAL BANK, NA
Administrators
CASCADE PORTFOLIO ADMINISTRATION, LLC
Same adviser