Research
Independent analysis of SEC filings, private funds, RIAs, websites and regulatory records.
1729 Capital SEC Review 2026: $60.1M Mauritius Hedge Fund, Sanjay Pandit and India-Focused Public Equity Holdings
1729 Capital is a Mauritius-domiciled hedge fund with a meaningful U.S. Regulation D and Indian public-market footprint. Its September 8, 2026 Form D/A reports an indefinite Rule 506(b) offering with $60,077,124 sold to 33 investors, a $100,000 minimum investment and reliance on Investment Company Act Section 3(c)(1). The fund is described in SEC filings as a public company limited by shares established in Mauritius, constituted as a collective investment scheme and authorized to operate as an expert fund under Mauritian law. Sanjay Pandit is identified as a director, while Apex Fund and Corporate Services (Mauritius) provides the fund's administrative address in Ebene. The strongest external strategy evidence comes from India: SEBI identifies 1729 Capital as a registered foreign portfolio investor, and Indian listed-company filings show the fund as a disclosed shareholder in multiple public companies. The primary caution is entity confusion — the Mauritius hedge fund should not automatically be merged with the separate India-based 1729 Growth Fund I website managed by Flumen Advisors LLP.
1729 Capital · CIK 0002043613Read article →
HSS Keystone Fund SEC Review: $25M Hearthfire Real Estate Raise with 85 Investors
HSS Keystone Fund LLC is a newly formed Delaware commercial real estate issuer that had already raised $10,707,105 from 85 investors by the time its September 15, 2026 Form D was filed. The offering seeks up to $25 million under Rule 506(b), leaving approximately $14.29 million remaining, with a $50,000 minimum investment and an August 7 first sale. The issuer selected Commercial Real Estate rather than Pooled Investment Fund and offered equity securities. Hearthfire Keystone Fund MGR LLC is the only related entity listed in Item 3 and is identified as an Executive Officer, while Sergio Altomare signed the filing as Corporate Secretary. The structure therefore points directly to the Hearthfire organization rather than to an anonymous third-party syndicator. The filing also reports no commissions or finder fees and states that the offering is expected to last no more than one year. :contentReference[oaicite:0]{index=0}
HSS Keystone Fund LLC · CIK 0002155024Read article →
Third Lake SPV FL 102 SEC Review: $2.1M Raise Inside a $6B Alternative Investment Platform
Third Lake SPV FL 102, LLC is a newly formed Delaware investment vehicle managed directly by Third Lake Partners, one of Tampa's larger alternative-investment platforms. Its September 15, 2026 Form D reports an indefinite Rule 506(b) offering, $2,075,000 sold to five investors, a July 10 first sale, no stated minimum investment and no sales commissions or finder fees. The issuer selected Pooled Investment Fund and Other Investment Fund, relies on Section 3(c)(7), offers both equity and pooled investment fund interests, and declined to disclose aggregate NAV. Third Lake Partners, LLC is explicitly identified as Investment Manager. Luke Thomas and Robert Forsythe are listed through Third Lake Holdings' control chain, while Case Fell and Nathan Sheldon appear through their senior investment roles at the manager. Robert Forsythe signed the filing as founder and senior managing partner. This gives FL 102 one of the cleaner manager-verification trails in the current E-list. :contentReference[oaicite:1]{index=1}
Third Lake SPV FL 102, LLC · CIK 0002154970Read article →
Storyteller Thoroughbred Fall 2026 SEC Review: $375K Fully Sold Horse-Racing LLC & Storyteller Racing Ownership Context
STORYTELLER THOROUGHBRED FALL 2026 SEC REVIEW 2026
Storyteller Thoroughbred Fall 2026, LLC · CIK 0002155272Read article →
Axis Mundi Technologies SEC Review: $148K Raise for Cross-Border VAT and GST Recovery
Axis Mundi Technologies, Inc. is a 2026 Delaware technology company building a specialized data-recovery and analytics service for historical indirect-tax liabilities. Its September 15, 2026 Form D reports an indefinite Rule 506(b) equity offering, $148,000 sold to three investors, a $50,000 minimum investment and an April 3 first sale. The issuer selected Other Technology, reported No Revenues and disclosed no broker, sales commission or finder fee. Mary Kate Holmes is the only related person listed in Item 3 and is identified as Executive Officer, while Kelsey Evensen signed the filing as Operations Manager. The offering is expected to last more than one year. The SEC record therefore depicts a very early-stage operating company that has raised initial private capital but had not yet reported revenue when the notice was filed. :contentReference[oaicite:1]{index=1}
Axis Mundi Technologies, Inc. · CIK 0002154881Read article →
Epigram Capital Partners Fund I SEC Review 2026: $12.3M Small-Cap Hedge Fund, Dan Walker and an Obscure-Equities Strategy
Epigram Capital Partners Fund I is a relatively small but highly differentiated public-equity hedge fund built around one manager's research process rather than a large multi-team institutional platform. The September 8, 2026 Form D/A reports $12,291,750 sold to 21 investors, a $500,000 minimum investment, an indefinite Rule 506(b) offering and reliance on Investment Company Act Section 3(c)(1). Epigram Capital LLC is named directly as Investment Manager, Epigram Capital Partners Fund I GP LLC is General Partner and Daniel David Walker is identified as Manager of the Investment Manager. Epigram's own website independently describes a boutique Omaha investment firm specializing in small- and mid-cap equities and says it deliberately looks within the smallest roughly 20% of public companies for mispriced opportunities, often in mundane industries that attract limited investor attention. The strongest feature of this fund is therefore strategy clarity; the largest diligence gaps are actual portfolio holdings, realized performance, liquidity, concentration and how much of the investment process depends on Walker personally.
Epigram Capital Partners Fund I, LP · CIK 0002032582Read article →
Dupont SPAC Management Blue Origin SEC Review: $10M SPV Backed by the Kiront-Craft Capital Network
Dupont SPAC Management LLC, Series II Blue Origin is a newly formed 2026 Delaware private investment vehicle rather than a public blank-check company. Its September 15, 2026 Form D reports a $10,000,000 Rule 506(b) offering, $905,000 sold, $9,095,000 remaining, 11 investors, a September 1 first sale and a $25,000 minimum investment. The issuer selected Pooled Investment Fund and Other Investment Fund, claimed Section 3(c)(7), declined to disclose aggregate NAV and stated that the offering was not intended to last more than one year. TRK Management LLC, doing business as Automat Management LLC, is identified as the Manager, while Barry Kiront and Stephen Kiront are each listed as managing members of that Manager. Stephen Kiront signed the filing. The SEC therefore gives a clear control chain: the Blue Origin-named series sits below TRK/Automat Management, which is itself controlled by the Kiront family. :contentReference[oaicite:1]{index=1}
Dupont SPAC Management LLC, Series II Blue Origin · CIK 0002154726Read article →
OSP Lakeside Holdings SEC Review 2026: OceanSound's Netrix Ownership Vehicle, $0 Form D Sales & Six-Year IT Services Buy-and-Build
OSP Lakeside Holdings, LLC is not a conventional private fund raising outside capital in the way its name might initially suggest. The Delaware LLC, SEC CIK 0001821321, was formed in 2020 and is directly tied to OceanSound Partners through its principal address, related persons and recurring SEC filings. Its latest 2026 Form D amendment reports an indefinite Rule 506(b) offering, $0 sold, zero investors and a $0 minimum, while describing the securities as profits interests granted to employees, directors, consultants and other service providers of the company or its affiliates. A separate but closely related entity, OSP Lakeside Management Aggregator, LLC, CIK 0001821322, filed another Form D/A on September 18, 2026 with the same $0 sold / zero investor profile and substantially the same profits-interest description. These filings therefore do not represent a zero-dollar failed fundraising round. They are much more consistent with equity-incentive and management-ownership vehicles sitting inside an OceanSound-sponsored portfolio-company structure.
OSP Lakeside Holdings, LLC · CIK 0001821321Read article →
Igneo NADIF Co-Invest SEC Review: $7.5M Raise Inside a $24B Infrastructure Platform
Igneo NADIF Co-Invest (MS), L.P. is best understood as a deal-specific co-investment vehicle attached to Igneo Infrastructure Partners' broader North American Diversified Infrastructure Fund architecture, not as a standalone flagship fund. The Delaware limited partnership was formed in 2026, began selling interests on August 26 and filed Form D on September 17 reporting $7.5 million sold to four investors. The offering is indefinite, relies on Rule 506(b) and Section 3(c)(7), and is classified as a Private Equity Fund within the Pooled Investment Fund category. The filing identifies NADIF Deal GP F LLC as general partner, NADIF GP, Ltd. as managing member of that GP, and Masciline Chinongoza plus Agne Miller as directors within the control chain. The most important research point is therefore structural: the $7.5 million figure belongs to one co-investment vehicle inside a much larger Igneo North American infrastructure program and should not be confused with the size of the core NADIF fund or Igneo's global infrastructure platform. :contentReference[oaicite:0]{index=0}
Igneo NADIF Co-Invest (MS), L.P. · CIK 0002152444Read article →
Avos Titus Fund SEC Review 2026: $30.8M Commodity Hedge Fund, Bridgewater Alumni and Avos Capital's Macro Platform
Avos Titus Fund LLC is the flagship active-commodities hedge fund of Avos Capital Management, not an unrelated "Titus" investment brand. The September 8, 2026 Form D/A reports an indefinite Rule 506(b) offering with $30,818,637 sold to 36 investors, a $100,000 minimum investment and reliance on Investment Company Act Section 3(c)(1). Avos Capital Management is identified directly in SEC filings as the investment manager and managing member of the issuer, while Peter Joers and Joshua Blanchfield are named as managing members of the investment manager. Avos's own strategy page independently identifies Titus as its flagship commodities-focused absolute-return strategy, investing across energy, metals and supply-chain themes through directional and relative-value trades, volatility, commodity equities and macro hedges. The fund has grown from only $3 million and five investors in September 2023 to more than $30.8 million and 36 investors three years later, making capital growth and strategy execution more important analytical questions than basic sponsor identity.
Avos Titus Fund, LLC · CIK 0001991775Read article →
Hawks Crest Apartments SEC Review: $6.2M Raise and Stephen Mackey's Washington Multifamily Development Pipeline
Hawks Crest Apartments LLC is a Washington real estate issuer formed in 2025 and seeking up to $6,200,000 of equity under Rule 506(b). Its September 15, 2026 Form D reported $0 sold, zero investors, no first sale yet and a nominal $1 minimum investment. The issuer selected Other Real Estate, stated that the offering was not expected to last more than one year and reported no broker-dealer, sales commission or finder-fee arrangements. Stephen Mackey is the only related person listed and is identified as both Executive Officer and Promoter, while Abigail G. Coffey signed the notice as attorney. The fund therefore entered the SEC record before outside capital had been reported, making this a launch-stage development financing rather than an amendment to an already operating investment pool. ([streetinsider.com](https://www.streetinsider.com/SEC%2BFilings/Form%2B%2BD%2B%2B%2B%2B%2B%2B%2B%2B%2B%2BHAWKS%2BCREST%2BAPARTMENTS/27064394.html))
HAWKS CREST APARTMENTS LLC · CIK 0002154682Read article →
AG Net Lease Realty Fund V SEC Review 2026: $1B+ Net-Lease Strategy, TPG Angelo Gordon and Sale-Leaseback Execution
AG Net Lease Realty Fund V is a large institutional net-lease real estate strategy managed by TPG Angelo Gordon, not a stand-alone "AG" sponsor and not the same vehicle as J.P. Morgan's Net Lease Real Estate Fund II reviewed elsewhere. The main Delaware fund reported $570.55 million sold to 43 investors in its September 8, 2026 Form D/A, with a $5 million minimum commitment, Rule 506(b) and Section 3(c)(7). Parallel and feeder structures materially increase the capital associated with the strategy: Fund V-A reported $283 million sold to eight investors, Fund V-B reported $120.24 million sold to two investors at its March 2026 launch, and Fund V-QTE has its own separate capital history. TPG itself stated in May 2026 that it had successfully closed on $1 billion for Net Lease Fund V through April. These figures should not simply be added together because parallel vehicles can represent different investor channels into the same strategy, but together they confirm that Fund V is an institutional-scale program rather than a $570 million stand-alone pool.
AG Net Lease Realty Fund V · CIK 0001989261Read article →