Research
Independent analysis of SEC filings, private funds, RIAs, websites and regulatory records.
Core Nat Cat Fund SEC Review 2026: Swiss Re's Natural Catastrophe Reinsurance Strategy and $98M Current Offering
Core Nat Cat Fund is not a conventional hedge fund trading equities, bonds or macro futures. It is a Bermuda segregated account within 1863 Fund Ltd that gives institutional investors exposure to Swiss Re's natural catastrophe risk-transfer business. The latest 2026 Form D amendment for the current offering reports $98 million sold, up $40 million from the $58 million reported in late 2025, and relies on Rule 506(b) and Section 3(c)(7). Regulatory records connect the fund to Swiss Re's insurance-linked investment platform, while Swiss Re's own materials describe a long-standing strategy that allows third-party capital to participate in catastrophe risk alongside its underwriting franchise. The investment proposition is therefore fundamentally insurance underwriting rather than financial-market beta: investors earn catastrophe-risk premium when insured events remain within modeled expectations, but can suffer rapid principal losses if hurricanes, earthquakes, wildfires or other covered events exceed contractual attachment points.
Core Nat Cat Fund, a segregated account of 1863 Fund Ltd · CIK 0001845068Read article →
BY Capital 4 SEC Review: BlueYard Capital's $231M Fourth Fund Launch
BY Capital 4 GmbH & Co. KG is a newly formed German private investment fund and appears to be the latest flagship vehicle in the BlueYard Capital fund family. Its September 15, 2026 Form D reports a $231,080,000 Rule 506(b) offering, $0 sold, zero investors and no first sale yet. The filing selected Pooled Investment Fund and Other Investment Fund, offered pooled investment fund interests, relied on Section 3(c)(7), reported no broker commissions or finder fees and stated that the offering was not expected to last more than one year. BY Capital 4 GP GmbH is named as General Partner, BY Capital Management 2 GmbH as Managing Limited Partner, and Michael Wax and Ciaran O'Leary are each listed as managers of the Managing Limited Partner. O'Leary signed the filing. The $231.08 million figure is explicitly described as a U.S.-dollar conversion from euro-denominated amounts, so it should be treated as the current Form D offering equivalent rather than a fixed native-dollar fund target. :contentReference[oaicite:0]{index=0}
BY Capital 4 GmbH & Co. KG · CIK 0002155201Read article →
TogetherMade SEC Review: $850K Raise for Clinician-in-the-Loop AI Decision Support
TogetherMade, PBC is a 2025 Delaware public-benefit corporation building clinical decision-support infrastructure for physicians and other providers working in settings where conventional medical guidance may not match the resources actually available. Its September 15, 2026 Form D reports an $850,000 Rule 506(b) offering, $450,000 sold to five investors, $400,000 remaining, a September 1 first sale and a $5,000 minimum investment. The issuer selected Other Health Care, declined to disclose revenue, reported no broker or finder compensation and stated that the offering is not expected to last more than one year. Katheryn "Kat" Grider is listed as President, Director and Executive Officer; Lacey LaGrone is listed as Director, Secretary and Executive Officer. Grider signed the filing as President. The financing is therefore an early-stage operating-company raise rather than a pooled investment vehicle, and roughly 52.9% of the stated offering had been sold at filing. The SEC filing does not disclose company valuation, ownership percentage or the exact security terms, so the $450,000 raised should not be converted into an implied valuation without the actual financing documents.
TogetherMade, PBC · CIK 0002155192Read article →
DUNN Balanced Fund SEC Review 2026: $50.12M Sold, 64 Investors & DUNN Capital's Systematic Managed Futures Strategy
DUNN Balanced Fund, LLC is a real and increasingly seasoned private managed-futures vehicle tied directly to DUNN Capital Management, one of the longest-running systematic commodity trading advisers in the United States. The Delaware LLC, SEC CIK 0001996710, filed its latest Form D/A on September 18, 2026 and reports an indefinite Rule 506(b) offering with $50,118,988 cumulatively sold to 64 investors, a $100,000 minimum investment and a first sale on April 1, 2024. The filing classifies the issuer as both a pooled investment fund and hedge fund, identifies DUNN Capital Management, LLC as Manager and promoter, and identifies Martin Bergin as President of DUNN Capital Management and promoter. The fund's public capital trail is unusually clean: the initial October 2023 filing reported $0 sold before the first sale occurred; the October 2024 amendment reflected approximately $47.58 million of cumulative capital; the September 2025 amendment increased cumulative sales to $49.48 million; and the September 2026 amendment raised the figure again to $50.12 million. That sequence points to a genuine operating fund with modest recent net subscription growth rather than a newly launched shell or a vehicle repeatedly refiling the same initial raise.
DUNN Balanced Fund, LLC · CIK 0001996710Read article →
Gray Harbor Government Income REIT SEC Review 2026: $43.7M Raised for Federal Government-Leased Real Estate
Gray Harbor Government Income REIT is a highly specialized private non-traded REIT rather than a conventional diversified commercial-property fund. Its September 4, 2026 Form D/A reports $43,672,711 cumulatively sold to 201 investors through an indefinite Rule 506(c) equity offering with a $100,000 minimum investment. Gray Harbor Government Advisors LLC, a wholly owned subsidiary of Gray Harbor Capital LLC, advises the REIT, while Edwin Stanton and Philip Kurlander are the central founders and investment decision-makers. The investment strategy is unusually narrow: Gray Harbor acquires, develops and manages single-tenant properties leased to the United States government, generally through GSA-administered or agency leases. The current public portfolio consists of 21 managed properties serving 10 federal agencies across nine executive or judicial departments, with the Department of Veterans Affairs and Social Security Administration together representing more than 70% of the disclosed agency allocation. That government tenancy can materially reduce tenant-credit risk compared with conventional commercial real estate, but it does not remove property, lease-renewal, financing, concentration, liquidity or valuation risk.
Gray Harbor Government Income REIT, Inc. · CIK 0001826298Read article →
Configure Partners Fund II SEC Review 2026: $12.67M Sold, 67 Investors & Private Credit Co-Investment Strategy
Configure Partners Fund II LP is a relatively new Atlanta private investment vehicle whose public evidence is much stronger when the SEC filing is read together with Configure Capital's current investment strategy rather than Configure Partners' investment-banking business alone. The Delaware limited partnership, SEC CIK 0002075300, filed its latest Form D/A on September 18, 2026 and reports an indefinite Rule 506(b) offering with $12,670,000 cumulatively sold to 67 investors, a $500,000 minimum investment and a first sale on May 21, 2025. The fund is classified as a pooled investment fund and, more specifically, an "Other Investment Fund," rather than a hedge fund, private equity fund or venture capital fund, and relies on Section 3(c)(1) of the Investment Company Act. Configure Partners GP LLC is identified as General Partner, Configure Capital LLC as Manager, while James Hadfield, Jay Jacquin and Joseph Weissglass are all listed as Managing Directors. The 2026 amendment therefore provides a clear legal chain from fund to GP to manager to principals.
Configure Partners Fund II LP · CIK 0002075300Read article →
SCP Plato Investors SEC Review: $10M Fully Funded Svoboda Capital Acquisition Vehicle
SCP Plato Investors, LLC is a newly formed 2026 Delaware private investment vehicle that was already fully subscribed when its first Form D became public. The September 15, 2026 filing reports a fixed $10,000,000 offering, the full $10,000,000 sold, zero remaining, 32 investors, an August 31 first sale and a $50,000 minimum investment. The issuer selected Pooled Investment Fund and Other Investment Fund, offered both equity and pooled investment fund interests, relied on Rule 506(b) and Section 3(c)(1), and reported no sales commissions or finder fees. Most importantly, it checked that the offering is connected to a business combination transaction such as a merger, acquisition or exchange offer. That makes Plato materially different from a blind-pool private fund: the public evidence points toward a transaction-specific acquisition or recapitalization vehicle, although the target company itself is not identified in the Form D. :contentReference[oaicite:1]{index=1}
SCP Plato Investors, LLC · CIK 0002155085Read article →
RD Real Estate Opportunity Fund I SEC Review 2026: $3.07M Raised for Boston Junior Debt and Real Estate Equity
RD Real Estate Opportunity Fund I LP is the higher-risk, growth-oriented real estate vehicle of Boston-based RD Advisors, rather than a standalone "RD" fund brand. Its September 2026 Form D/A reports $3.065 million sold to 18 investors toward a $10 million offering, leaving $6.935 million available. The vehicle uses Rule 506(c), has a $50,000 minimum and relies on Sections 3(c)(1) and 3(c)(5). RD Advisors' own materials describe the fund as a five-year Greater Boston strategy investing primarily in junior real estate loans plus preferred and common equity. That is materially different from RD Real Estate Debt Fund II, the sponsor's larger capital-preservation strategy focused on senior real estate loans. The defining investment issue is therefore capital-stack position: Opportunity Fund I deliberately accepts more subordinate credit and equity risk in exchange for higher return potential.
RD Real Estate Opportunity Fund I LP · CIK 0002078001Read article →
Alliant Holdings SEC Review 2026: $5.22B Equity Sold, 657 Investors, Stone Point Backing & Alliant Insurance Services Ownership Structure
Alliant Holdings, L.P. is not a private investment fund in the conventional sense. It is the long-running holding-company equity vehicle associated with Alliant Insurance Services, one of the largest insurance brokerage platforms in the United States. The latest Form D/A, filed September 18, 2026 under SEC CIK 0001651368, reports an indefinite Rule 506(b) equity offering with approximately $5.218 billion cumulatively sold to 657 investors. The filing also states that five non-accredited investors have participated, reports a $0 Form D minimum and explicitly checks the business-combination box "Yes — in part." That combination is highly informative. It indicates that the securities offering is tied at least partly to acquisitions, ownership restructuring, employee or management equity and related corporate transactions rather than a blind-pool capital raise. The same CIK traces back to the 2015 vehicle originally named Wayne Buyer Parent, L.P., which filed in connection with Stone Point Capital's investment in Alliant and initially reported approximately $1.498 billion sold to 427 investors. By August 31, 2026, cumulative reported equity sales had increased to approximately $5.218 billion and the investor count to 657, providing a decade-long SEC record of ownership expansion and recapitalization.
Alliant Holdings, L.P. · CIK 0001651368Read article →
OHMA LLC SEC Review: $300K New Private Fund Before Its First Investor
OHMA LLC is a small, newly disclosed private investment vehicle with a much thinner public footprint than most funds in the current FilingDossier series. The company was organized in Wyoming in 2023 but uses 2091 N Palm Circle in North Palm Beach, Florida as both its business and mailing address. Its September 15, 2026 Form D describes a $300,000 offering under Rule 506(c), with no first sale yet, $0 sold, zero investors and a $100,000 minimum investment. The issuer selected Pooled Investment Fund and Other Investment Fund, offered pooled investment fund interests, declined to disclose aggregate NAV and stated that the offering may continue for more than one year. Nicholas Cobb is the only related person listed, identified as an Executive Officer, and Nicholas Faso Cobb signed the filing as Manager. The filing therefore verifies the legal fund structure and manager identity, but it does not disclose the investment strategy, underlying assets or manager track record. ([sec.gov](https://www.sec.gov/Archives/edgar/data/2155084/000215508426000001/0002155084-26-000001.txt))
OHMA LLC · CIK 0002155084Read article →
Rose City Holdings SEC Review 2026: Six Private Real Estate Offerings, Amy Adams and Oregon Hard-Money Lending
Rose City Holdings LLC is better understood as a small private real-estate lending and investment company raising capital deal by deal than as a conventional pooled real-estate fund. Its latest September 8, 2026 Form D covers a $150,000 debt offering that was completely sold to two investors at a $75,000 minimum under Rule 506(b). Amy Adams is the sole related executive listed in the filing and signs as President. The more revealing evidence comes from Rose City Holdings' broader filing history: six separate new Form D notices have appeared since November 2024, with offerings ranging from $150,000 to $386,000 and alternating between debt and pooled-investment-fund classifications. Each reported offering was fully sold. Public business materials independently identify Rose City Holdings / Sweet Escape Homes as an Oregon private-money lending and real-estate investment operation led by Amy Adams. This pattern points toward transaction-specific capital raising for property loans or investments rather than a single evergreen fund accumulating one continuous pool of assets.
Rose City Holdings, LLC · CIK 0002044215Read article →
Veerio SEC Review: $100K SAFE Raise Behind the Former Boondocker Local Events App
Veerio Inc is a 2025 Vermont technology company whose September 2026 Form D reveals a corporate and branding evolution that is more informative than the current name alone. The issuer explicitly lists Veerio LLC and Boondocker LLC as previous names, uses 724 E. Munger Street in Middlebury, Vermont as its principal place of business and identifies Meghan Laslocky as both Executive Officer and Director. The September 15 filing reports an indefinite Rule 506(b) offering structured as a Simple Agreement for Future Equity, or SAFE, with $100,000 sold to one investor, a September 1 first sale and a $25,000 minimum investment. Veerio selected Other Technology and reported No Revenues, no sales commissions and no finder fees. Laslocky signed the filing as President. The SEC record therefore establishes a very early-stage founder-led software company raising pre-equity capital rather than a mature operating business or pooled investment vehicle. :contentReference[oaicite:1]{index=1}
Veerio Inc · CIK 0002155081Read article →