Form D · Hedge Fund

SILVERCREST MUNICIPAL ADVANTAGE PORTFOLIO P LLC

New York, NY · CIK 0001375128

Offering snapshot reported Dec 5, 2025 · SEC filing

Reported sold: $215M
Investors reported: 186
Minimum accepted: $0
First sale: Sep 1, 2006

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Dec 5, 2025	Amendment	$215,134,500	$0vs Dec 6, 2024	186	SEC filing
Dec 6, 2024	Amendment	$215,134,500	$0vs Dec 6, 2023	186	SEC filing
Dec 6, 2023	Amendment	$215,134,500	$0vs Dec 6, 2022	186	SEC filing
Dec 6, 2022	Amendment	$215,134,500	$2,250,000vs Dec 6, 2021	186	SEC filing
Dec 6, 2021	Amendment	$212,884,500	$8,787,500vs Dec 4, 2020	181	SEC filing
Dec 4, 2020	Amendment	$204,097,000	$895,000vs Dec 4, 2019	165	SEC filing
Dec 4, 2019	Amendment	$203,202,000	$0vs Dec 4, 2018	162	SEC filing
Dec 4, 2018	Amendment	$203,202,000	$6,000,000vs Dec 4, 2017	162	SEC filing
Dec 4, 2017	Amendment	$197,202,000	$19,600,000vs Dec 2, 2016	159	SEC filing
Dec 2, 2016	Amendment	$177,602,000	$550,000vs Sep 2, 2015	149	SEC filing
Sep 2, 2015	Amendment	$177,052,000	$47,943,000vs Jul 13, 2010	147	SEC filing
Jul 13, 2010	Amendment	$129,109,000	No comparison	97	SEC filing
Sep 8, 2006	Paper	Not reported	No comparison	Not reported	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-94601

Source: Form D, filed Dec 5, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

SILVERCREST MUNICIPAL ADVANTAGE PORTFOLIO P

Investment adviser: SILVERCREST ASSET MANAGEMENT GROUP LLC

Gross asset value: $2.9M
Beneficial owners: 4
ADV minimum commitment: $500K

Reported in Form ADV on Mar 31, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator TRIDENT FUND SERVICES INC ATLANTA, Georgia, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ELLIOTT DAVIS CHATTANOOGA, Tennessee, United States

Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No

Marketer CRESSET ASSET MANAGEMENT, LLC CHICAGO, Illinois, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ELLIOTT DAVIS
PCAOB 149

PERSHING LLC
SEC 8-17574

CRESSET ASSET MANAGEMENT, LLC
CRD 288566 · SEC 801-110753

Filing source

Form ADV 2070600 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-5318480444

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
Edward F. Appel	Director
James F. Bleakley, Jr.	Director, Executive
David J. Campbell	Executive
G. Moffett N/A Cochran	Director, Executive
Richard R. Hough Iii	Executive
Allen Laufer	Director
Stanley H. Reese	Director, Executive
N/A N/A Silvercrest Asset Management Group Llc	Executive
Silvercrest Asset Management Group, Llc	Executive
Douglas M. Stevenson	Director
John Stevenson	Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

1330 Avenue Of The Americas 38 Th Floor
New York, NY, 10019