Gratia Capital Concentrated Fund, L.P.
Gratia Capital Concentrated Fund, L.P. is a hedge fund based in Los Angeles, California. According to its most recent Form D, filed May 15, 2026, the fund has sold $38,580,683 of interests to 30 investors since its first sale in May 2015. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Pei Steve; c/o Gratia Capital LLC.
Performance
No verified returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to HedgeMountain directly.
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- Total raised
- $38,580,683Cumulative sales reported on Form D
- Investors
- 30
- First sale
- May 1, 2015
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Pei Steve; c/o Gratia Capital LLC
- Latest Form D
- May 15, 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 52% of the 1,051 hedge funds based in California, and more than 41% of all 10,157 that report sales.