Mill Road Capital III, LP
Mill Road Capital III, LP
New Category | LP |
Investment Manager | Millroad Capital |
Fund Status | |
Archive | No |
Custodian | N/A |
Jurisdiction | Cayman Islands |
T1135 Reporting | Yes Category 6 - Other property outside Canada |
Currency | USD |
Tax Slip | 2 tax slips (one from Mill Road III, and one from MRC III Offshore AIV, LP. MRC III Offshore AIV, LP is a new investment in 2021) |
Receiver of Tax Receipt |
RFO/Client |
Tax Slips Expected |
April |
Statements Expected |
Quarterly |
Accounting Treatment |
Per K-1. When distributions are received you will decrease the ACB of the investment until the tax information is received at year-end and then reclassify accordingly |
Tax Memo/ Tax Treatment |
Per K-1 |
US Tax Return Required | No |
Type | Partnership |
Nature of Investment |
They look to privatize the company, recapitalize and develop it, and then sell. This is a typical Private Equity play. U.S. (and possibly CAD) micro-cap public and private equity. Mill Road takes equity positions in small publicly traded companies. |
Notes |