Crescat Institutional Macro Fund LP is a hedge fund based in Denver, Colorado. According to its most recent Form D, filed Apr 23, 2026, the fund has sold $7,555,075 of interests to 8 investors since its first sale in Jul 2023. The minimum investment it accepts from an outside investor is $500,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, HedgeMountain classifies it as an emerging manager. Related persons named in the filing include Linda Smith; Crescat Portfolio Management LLC; Kevin Smith.
- Total raised
- $7,555,075Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Jul 1, 2023
- Minimum investment
- $500,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Linda Smith; Crescat Portfolio Management LLC; Kevin Smith
- Latest Form D
- Apr 23, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and HedgeMountain 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
Size compared with every hedge fund
Raised more than 40% of the 111 hedge funds based in Colorado, and more than 18% of all 10,157 that report sales.
Other funds with the same team
- Crescat Global Macro Fund LP$138M
- Crescat Precious Metals Fund LP$73.1M
- Crescat Precious Metals Fund II LP$58.4M
- Crescat Long/Short Fund LP$29.7M
- Crescat Global Macro QP Fund LP$25.7M
- Crescat Global Macro Fund LTD$18.1M
- Crescat Precious Metals Fund LTD$17.5M
- Crescat Institutional Precious Metals Fund LP$12.4M