Merchants Capital Tax Credit Equity Fund 15, L.P.
Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.
Raised
$197M
Investors
11
Min Invest
$2,000,000
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What this filing shows
·Every sentence is a value as filed on SEC Form D
Merchants Capital Tax Credit Equity Fund 15, L.P. is a Indiana limited partnership that filed a Form D with the SEC on July 7, 2023 in the Other Real Estate industry group. The offering claims Rule 506(b) and covers equity. Merchants Capital Tax Credit Equity Fund 15, L.P. reported $196,500,000 sold from 11 investors of a $196,500,000 total offering as of the Form D filed July 7, 2023. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $2,000,000. The Form D names BofA Securities, Inc. (CRD 283942), associated with None as the recipient of sales compensation soliciting in all states. The issuer's address of record is 410 Monon Blvd., Carmel, IN 46032.
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
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In the Terminal
Filing events
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none on file
Critical / warning
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0 watch · 0 info
Statements extracted
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none on file
NAV prints
0
none on file
Offering chains
1
closed
Fund family Part of the Merchants Capital Tax Credit Equity Fund family: 18 vehicles across 18 generations · full family and the filing behind each link in the terminal
Investor
- The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
Pro
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Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Merchants Bank of Indiana
Promoter · Carmel, IN
Merchants Bank of Indiana is an affiliate of the issuer.
Merchants Capital Investments, LLC
Promoter · Carmel, IN
Merchants Capital Investments, LLC (MCI) is the sole owner of the general partner of the issuer.
Michael Dury
Executive Officer · Carmel, IN
Michael Dury is the president and chief executive officer of MCI.
Linda Hill
Executive Officer · Carmel, IN
Linda Hill is an executive vice president of MCI.
Julie Sharp
Executive Officer · Carmel, IN
Julie Sharp is an executive vice president of MCI.
Terry Oznick
Executive Officer · Carmel, IN
Terry Oznick is a senior vice president of MCI.
Christopher Messmann
Executive Officer · Carmel, IN
Christopher Messmann is a senior vice president of MCI.
Ryan Thompson
Executive Officer · Carmel, IN
Ryan Thompson is a vice president of MCI.
Placement Agents and Sales Compensation (Form D)
Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.
BofA Securities, Inc.CRD 283942 on BrokerCheck
Associated broker-dealer: None · New York, NY · Soliciting in all states
Questions About Merchants Capital Tax Credit Equity Fund 15, L.P.
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is Merchants Capital Tax Credit Equity Fund 15, L.P.?
Merchants Capital Tax Credit Equity Fund 15, L.P. is a Indiana limited partnership that filed a Form D with the SEC on July 7, 2023 in the Other Real Estate industry group. The filing claims Rule 506(b) for an offering of equity.
Is Merchants Capital Tax Credit Equity Fund 15, L.P. legit?
AltStreet does not rate legitimacy; it reports the public record. Merchants Capital Tax Credit Equity Fund 15, L.P. filed a Form D with the SEC on July 7, 2023 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $196,500,000 sold to 11 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is Merchants Capital Tax Credit Equity Fund 15, L.P. registered with or approved by the SEC?
No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Merchants Capital Tax Credit Equity Fund 15, L.P. claimed Rule 506(b) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has Merchants Capital Tax Credit Equity Fund 15, L.P. raised?
Merchants Capital Tax Credit Equity Fund 15, L.P. reported $196,500,000 sold from 11 investors of a $196,500,000 total offering as of the Form D filed July 7, 2023.
Who can invest in Merchants Capital Tax Credit Equity Fund 15, L.P.?
The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $2,000,000.
What is the minimum investment in Merchants Capital Tax Credit Equity Fund 15, L.P.?
The Form D lists $2,000,000 as the minimum investment accepted from any outside investor as of July 7, 2023. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling Merchants Capital Tax Credit Equity Fund 15, L.P. and how are they paid?
The Form D names BofA Securities, Inc. (CRD 283942), associated with None as the recipient of sales compensation soliciting in all states.
Who is behind Merchants Capital Tax Credit Equity Fund 15, L.P.?
The Form D lists 8 related persons: Merchants Bank of Indiana, promoter (Merchants Bank of Indiana is an affiliate of the issuer); Merchants Capital Investments, LLC, promoter (Merchants Capital Investments, LLC (MCI) is the sole owner of the general partner of the issuer); Michael Dury, executive officer (Michael Dury is the president and chief executive officer of MCI); Linda Hill, executive officer (Linda Hill is an executive vice president of MCI); Julie Sharp, executive officer (Julie Sharp is an executive vice president of MCI); Terry Oznick, executive officer (Terry Oznick is a senior vice president of MCI); Christopher Messmann, executive officer (Christopher Messmann is a senior vice president of MCI); Ryan Thompson, executive officer (Ryan Thompson is a vice president of MCI). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is Merchants Capital Tax Credit Equity Fund 15, L.P. located?
The issuer's address on its SEC filings is 410 Monon Blvd., Carmel, IN 46032. Its phone number of record is 317-735-5842. It is organized under the laws of Indiana.
How long is the Merchants Capital Tax Credit Equity Fund 15, L.P. offering open?
The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.
What is Merchants Capital Tax Credit Equity Fund 15, L.P.'s revenue?
The issuer declined to disclose its revenue range on the Form D, which the form permits.
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Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.