<SEC-DOCUMENT>0001198912-12-000005.txt : 20120309
<SEC-HEADER>0001198912-12-000005.hdr.sgml : 20120309
<ACCEPTANCE-DATETIME>20120309133332
ACCESSION NUMBER:		0001198912-12-000005
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Investment Company Act Section 3(c)
ITEM INFORMATION:		Section 3(c)(1)
FILED AS OF DATE:		20120309
DATE AS OF CHANGE:		20120309
EFFECTIVENESS DATE:		20120309

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Capco Partners, Ltd.
		CENTRAL INDEX KEY:			0001517760
		IRS NUMBER:				571143158
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-158159
		FILM NUMBER:		12679943

	BUSINESS ADDRESS:	
		STREET 1:		101 E. KENNEDY BOULEVARD, SUITE 1160
		CITY:			TAMPA
		STATE:			FL
		ZIP:			33602
		BUSINESS PHONE:		813-805-0777

	MAIL ADDRESS:	
		STREET 1:		101 E. KENNEDY BOULEVARD, SUITE 1160
		CITY:			TAMPA
		STATE:			FL
		ZIP:			33602
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0704</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001517760</cik>
        <entityName>Capco Partners, Ltd.</entityName>
        <issuerAddress>
            <street1>101 E. KENNEDY BOULEVARD, SUITE 1160</street1>
            <city>TAMPA</city>
            <stateOrCountry>FL</stateOrCountry>
            <stateOrCountryDescription>FLORIDA</stateOrCountryDescription>
            <zipCode>33602</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>813-805-0777</issuerPhoneNumber>
        <jurisdictionOfInc>FLORIDA</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>CAPCO</firstName>
                <lastName>ADVISORS, LLC</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>101 E. KENNEDY BOULEVARD, SUITE 1160</street1>
                <city>TAMPA</city>
                <stateOrCountry>FL</stateOrCountry>
                <stateOrCountryDescription>FLORIDA</stateOrCountryDescription>
                <zipCode>33602</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>GENERAL PARTNER</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>WILLIAM</firstName>
                <middleName>HUGHES</middleName>
                <lastName>HARRELL, JR.</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>101 E. KENNEDY BOULEVARD, SUITE 1160</street1>
                <city>TAMPA</city>
                <stateOrCountry>FL</stateOrCountry>
                <stateOrCountryDescription>FLORIDA</stateOrCountryDescription>
                <zipCode>33602</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>MANAGING MEMBER OF GENERAL PARTNER</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>CHRISTOPHER</firstName>
                <middleName>JAMES</middleName>
                <lastName>HARRELL</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>101 E. KENNEDY BOULEVARD, SUITE 1160</street1>
                <city>TAMPA</city>
                <stateOrCountry>FL</stateOrCountry>
                <stateOrCountryDescription>FLORIDA</stateOrCountryDescription>
                <zipCode>33602</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>MANAGING MEMBER OF GENERAL PARTNER</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Hedge Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>$25,000,001 - $50,000,000</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
            <item>3C</item>
            <item>3C.1</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>0001517760-11-000001</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2003-01-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>29066121</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>true</hasNonAccreditedInvestors>
            <numberNonAccreditedInvestors>6</numberNonAccreditedInvestors>
            <totalNumberAlreadyInvested>59</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse>THE INVESTMENT MANAGERS DO NOT RECEIVE ANY GROSS PROCEEDS, BUT DO CHARGE PERIODIC INVESTMENT MANAGEMENT FEES TO INDIVIDUAL CAPITAL ACCOUNTS, AS CHOSEN BY EACH LIMITED PARTNER</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Capco Partners, Ltd.</issuerName>
                <signatureName>William H. Harrell, Jr.</signatureName>
                <nameOfSigner>WILLIAM H. HARRELL, JR</nameOfSigner>
                <signatureTitle>MANAGING MEMBER OF GENERAL PARTNER</signatureTitle>
                <signatureDate>2012-03-09</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>