EFDID: 5920EFD: Raw Data

Issuer: KRENSAVAGE PARTNERS LP (0001436606) - D/A

Accession: 0001436606-14-000002 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: Mar. 28, 2014
EFD Posted: Aug. 8, 2014
- < edgarSubmission >
  < schemaVersion > X0707 </ schemaVersion >
  < submissionType > D/A </ submissionType >
  < testOrLive > LIVE </ testOrLive >
- < primaryIssuer >
  < cik > 0001436606 </ cik >
  < entityName > KRENSAVAGE PARTNERS LP </ entityName >
- < issuerAddress >
  < street1 > 130 EAST 59TH STREET </ street1 >
  < street2 > 11TH FLOOR </ street2 >
  < city > NEW YORK </ city >
  < stateOrCountry > NY </ stateOrCountry >
  < stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >
  < zipCode > 10022 </ zipCode >
  </ issuerAddress >
  < issuerPhoneNumber > 212-888-1582 </ issuerPhoneNumber >
  < jurisdictionOfInc > DELAWARE </ jurisdictionOfInc >
- < issuerPreviousNameList >
  < value > None </ value >
  </ issuerPreviousNameList >
- < edgarPreviousNameList >
  < value > None </ value >
  </ edgarPreviousNameList >
  < entityType > Limited Partnership </ entityType >
- < yearOfInc >
  < overFiveYears > true </ overFiveYears >
  </ yearOfInc >
  </ primaryIssuer >
- < relatedPersonsList >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Michael </ firstName >
  < middleName > P </ middleName >
  < lastName > Krensavage </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 130 EAST 59TH STREET </ street1 >
  < street2 > 11TH FLOOR </ street2 >
  < city > New York </ city >
  < stateOrCountry > NY </ stateOrCountry >
  < stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >
  < zipCode > 10022 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Managing Member of Krensavage Advisors, LLC, the General Partner. </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > none </ firstName >
  < lastName > Krensavage Advisors, LLC </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 130 EAST 59TH STREET </ street1 >
  < street2 > 11TH FLOOR </ street2 >
  < city > New York </ city >
  < stateOrCountry > NY </ stateOrCountry >
  < stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >
  < zipCode > 10022 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Promoter </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > General Partner of Issuer. </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > none </ firstName >
  < lastName > Krensavage Asset Management, LLC </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 130 EAST 59TH STREET </ street1 >
  < street2 > 11TH FLOOR </ street2 >
  < city > New York </ city >
  < stateOrCountry > NY </ stateOrCountry >
  < stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >
  < zipCode > 10022 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Promoter </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Investment Manager of Issuer. </ relationshipClarification >
  </ relatedPersonInfo >
  </ relatedPersonsList >
- < offeringData >
- < industryGroup >
  < industryGroupType > Pooled Investment Fund </ industryGroupType >
- < investmentFundInfo >
  < investmentFundType > Hedge Fund </ investmentFundType >
  < is40Act > false </ is40Act >
  </ investmentFundInfo >
  </ industryGroup >
- < issuerSize >
  < aggregateNetAssetValueRange > Decline to Disclose </ aggregateNetAssetValueRange >
  </ issuerSize >
- < federalExemptionsExclusions >
  < item > 06b </ item >
  < item > 3C </ item >
  < item > 3C.1 </ item >
  </ federalExemptionsExclusions >
- < typeOfFiling >
- < newOrAmendment >
  < isAmendment > true </ isAmendment >
  < previousAccessionNumber > 0001436606-13-000003 </ previousAccessionNumber >
  </ newOrAmendment >
- < dateOfFirstSale >
  < value > 2008-07-01 </ value >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > true </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isPooledInvestmentFundType > true </ isPooledInvestmentFundType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  < clarificationOfResponse />
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 0 </ minimumInvestmentAccepted >
- < salesCompensationList >
- < recipient >
  < recipientName > Equus Financial Advisors </ recipientName >
  < recipientCRDNumber > 131449 </ recipientCRDNumber >
  < associatedBDName > None </ associatedBDName >
  < associatedBDCRDNumber > None </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 78 Pine Street </ street1 >
  < city > New Canaan </ city >
  < stateOrCountry > CT </ stateOrCountry >
  < stateOrCountryDescription > CONNECTICUT </ stateOrCountryDescription >
  < zipCode > 06840 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < value > All States </ value >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > Silver Leaf Partners </ recipientName >
  < recipientCRDNumber > None </ recipientCRDNumber >
  < associatedBDName > None </ associatedBDName >
  < associatedBDCRDNumber > None </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 420 Lexington Avenue </ street1 >
  < city > New York </ city >
  < stateOrCountry > NY </ stateOrCountry >
  < stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >
  < zipCode > 10170 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < value > All States </ value >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > CCM Opportunistic Partners </ recipientName >
  < recipientCRDNumber > 156112 </ recipientCRDNumber >
  < associatedBDName > None </ associatedBDName >
  < associatedBDCRDNumber > None </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 1177 West Loop South </ street1 >
  < street2 > Suite 1310 </ street2 >
  < city > Houston </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 77027 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < value > All States </ value >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
  </ salesCompensationList >
- < offeringSalesAmounts >
  < totalOfferingAmount > Indefinite </ totalOfferingAmount >
  < totalAmountSold > 80309483 </ totalAmountSold >
  < totalRemaining > Indefinite </ totalRemaining >
  < clarificationOfResponse />
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > true </ hasNonAccreditedInvestors >
  < numberNonAccreditedInvestors > 1 </ numberNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 47 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 170548 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  </ findersFees >
  < clarificationOfResponse />
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 176423 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ grossProceedsUsed >
  < clarificationOfResponse > Estimated management fee which is based upon a percentage of the assets (2% annually); Performance fee may be charged, but is not included in the estimate because of contingent nature of the fee. </ clarificationOfResponse >
  </ useOfProceeds >
- < signatureBlock >
  < authorizedRepresentative > false </ authorizedRepresentative >
- < signature >
  < issuerName > KRENSAVAGE PARTNERS LP </ issuerName >
  < signatureName > MICHAEL P. KRENSAVAGE </ signatureName >
  < nameOfSigner > MICHAEL P. KRENSAVAGE </ nameOfSigner >
  < signatureTitle > MANAGING MEMBER OF THE GENERAL PARTNER </ signatureTitle >
  < signatureDate > 2014-03-27 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: Mar. 28, 2014
EFD Posted: Aug. 8, 2014