# 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**