Research
Independent analysis of SEC filings, private funds, RIAs, websites and regulatory records.
Transformational Housing Partners SEC Review 2026: Church Land, Affordable Homeownership and a New Indefinite Rule 506(b) Raise
Transformational Housing Partners LLC is a newly formed Denver housing venture whose public story is more distinctive than its very small first SEC raise suggests. The Delaware LLC filed a new Form D on September 16, 2026 under Rule 506(b), reporting an indefinite equity offering with only $50,000 sold to one investor following a September 15 first sale. The issuer reports no revenues, no fixed fundraising ceiling, no sales commissions and no finder's fees. Daniel Kaskubar is the only related person identified in the filing and is described as "Managing Member of the Managing Member." Outside the Form D, however, a clearer operating thesis emerges: public materials identify Transformational Housing Partners as a Colorado initiative working with churches and other mission-driven property owners to turn unused or underutilized land into genuinely affordable housing, including for-sale homes aimed at first-time buyers. That model places THP at the intersection of real-estate development, faith-community land, impact capital and Colorado's changing housing-policy environment rather than inside the conventional private-fund category.
Transformational Housing Partners LLC · CIK 0002153515Read article →
Trigram Fund SEC Review: $14.76M Hedge Fund, Asia Holdings and Buffett-Style Fees
Trigram Fund LP is a relatively small but increasingly well-documented hedge fund whose public record goes beyond Form D. The Delaware partnership was formed in 2024, began selling interests on January 8, 2025 and reported $14.758 million sold to 20 investors in its September 16, 2026 amendment, with a $100,000 minimum investment. The filing classifies the issuer as a hedge fund, relies on Rule 506(b) and Section 3(c)(1), and identifies Trigram Partners LLC as the general partner. Wengang Ji is named as CEO and CIO of the general partner, while Beini Feng appears as CFO. The unusual feature is not simply the fund's size, but the combination of a concentrated partnership structure, public ownership disclosures in Hong Kong-listed companies and Ji's own description of a fee model designed around no management fee and a performance allocation above an absolute hurdle. That makes Trigram more researchable than many small private funds whose investment style and portfolio activity remain almost completely invisible. :contentReference[oaicite:0]{index=0}
Trigram Fund LP · CIK 0002047665Read article →
Athenaeum Fund I SEC Review 2026: $5M Seattle Venture Fund, Jordan Baker and a $315K Expense Disclosure
Athenaeum Fund I LP is a newly launched Seattle venture capital fund with an unusually visible public investment thesis despite having only just begun its SEC fundraising history. The Delaware limited partnership filed its first Form D on September 16, 2026, targeting $5 million under Rule 506(b) and Section 3(c)(1). As of the filing, $300,000 had been sold to seven investors following a September 14 first sale, leaving $4.7 million of the stated offering unsold. The Athenaeum GP I LLC is identified as general partner and Jordan Baker as manager of that GP. Separate public evidence strongly connects Baker to Athenaeum Ventures, whose official website describes its strategy in unusually concise terms: investing in "mispriced founders before institutional capital discovers them." That identity alignment is strong. The harder diligence issue lies in the economics: the Form D estimates $315,000 of administrative and organizational expenses payable from gross proceeds, a figure that is larger than the $300,000 sold at the time of filing and equivalent to 6.3% of the fund's full $5 million target. ([sec.gov](https://www.sec.gov/Archives/edgar/data/2153502/000215350226000001/xslFormDX01/primary_doc.xml))
Athenaeum Fund I LP · CIK 0002153502Read article →
Leonard Green Executive Associates SEC Review: Internal Co-Investment Structure and $85.6B LGP Platform
LGP Executive Associates I-PT LLC is not a conventional outside-investor flagship fund and should not be analyzed as though its September 2026 Form D represented a new standalone Leonard Green strategy. The Delaware LLC was formed in 2024, previously used the name Jade Associates II-B1 LLC, and sits inside an unusually explicit management chain: the SEC filing states that Peridot Coinvest Manager LLC is the issuer's manager, that Leonard Green & Partners, L.P. is the sole member of Peridot Coinvest Manager, and that LGP Management, Inc. is the general partner of Leonard Green & Partners. John G. Danhakl and Jonathan D. Sokoloff are identified through that chain as senior LGP executives. The September 16, 2026 filing relies on Rule 506(b) and Section 3(c)(7) but does not disclose a new dollar amount sold. That omission is meaningful because the same issuer previously reported $4.625 million sold when it began the offering in April 2024. The strongest interpretation is therefore that this is an executive or affiliated co-investment vehicle within Leonard Green's broader private-equity architecture, not a measure of LGP's flagship fundraising scale. :contentReference[oaicite:0]{index=0}
LGP Executive Associates I-PT LLC · CIK 0002023749Read article →
Magnetar Opportunity 2025-3 LP SEC Review: $125M Venture Fund and the Magnetar Opportunity Series
Magnetar Opportunity 2025-3 LP stands out because its SEC record reveals a clear fund-to-manager chain while leaving the actual investment target largely outside public view. The Delaware limited partnership filed a new Form D on September 15, 2025 after reporting its first sale on September 1. The filing identifies Magnetar Opportunity 2025-3 GP LLC as the general partner and promoter and separately identifies Magnetar Financial LLC among the related executive persons. Ross Laser, David Snyderman and Hayley Stein are also listed through Magnetar Financial, with Stein signing the notice as Chief Compliance Officer of the investment manager. The fund, GP and manager all point back to Magnetar's Evanston headquarters, producing a much stronger identity trail than a private vehicle supported only by a name, landing page or third-party database.
Magnetar Opportunity 2025-3 LP · CIK 0002085903Read article →
TF Private Investments SEC Review 2026: Three September Funds, TF Capital Management and the AI Investment Platform Behind Them
TF Private Investments is best understood as a newly visible branch of a much larger TF Capital fund architecture rather than as a single standalone private fund. SEC records show TF Private Investments IV LLC filing a $2,501,925 Rule 506(b) offering on September 3, 2026, followed on September 16 by TF Private Investments IX LLC with $2,122,902 and TF Private Investments X LLC with $1,272,688. The IX and X filings each report 27 investors and state that the full offering amount had already been sold, with no remaining securities under the stated raise. All three vehicles are Delaware LLCs operating through the same Grand Cayman address, and the filings identify TF Capital Management LLC as manager of the fund and Abhishek Malik as manager of that manager. This repeated structure is the real research story: TF Private Investments is part of a numbered-vehicle system that sits alongside TF Technology Investments, TF Growth Investments, TF Capital Investments and earlier TF Capital series funds, giving the manager a substantially broader regulatory footprint than the three September entities alone imply.
TF Private Investments · CIK 0002153310Read article →
12780 San Fernando XC Opportunity Fund SEC Review 2026: Xebec Realty, $6.58M Raised and the PPG Aerospace Sylmar Connection
12780 San Fernando XC Opportunity Fund, LLC is a newly formed Delaware real estate investment vehicle tied directly to the Xebec Realty organization, but its most distinctive feature is the address embedded in the issuer's name. The fund's September 16, 2026 Form D reports a $7.2 million Rule 506(b) offering, with $6.575 million already sold to 19 investors following a September 1 first sale, leaving only $625,000 unsold. Xebec UPMM, LLC is identified as managing member, and the filing lists Randall R. Kendrick, Gretchen Kendrick, Jay Soni and Adeel Khan as related persons. The issuer itself operates from Xebec's Dallas address rather than California, yet the "12780 San Fernando" name strongly corresponds with 12780 San Fernando Road in Sylmar, California, a long-established PPG Aerospace and PRC-DeSoto industrial location. That property connection is highly significant, but Form D does not expressly state that the fund owns the site, so FilingDossier treats the address match as strong property-level evidence requiring confirmation through title, acquisition and lease documents rather than as a legally established ownership fact.
12780 San Fernando XC Opportunity Fund, LLC · CIK 0002153255Read article →
Hypernova Fund SEC Review: Space-Tech VC Fundraising and Portfolio Evidence
Hypernova Fund LP is a young thematic venture fund with a public record that can be tested against more than one source. The Delaware partnership was formed in 2024, reported its first sale on December 5, 2025 and filed an amended Form D on September 16, 2026. That filing reports $4.655 million sold to four investors, a $255,000 minimum investment, Rule 506(b) reliance and the Section 3(c)(1) private-fund exclusion. The issuer classifies itself specifically as a Venture Capital Fund within the Pooled Investment Fund category, while Grigorii Trubkin appears as Managing Director, Finally Fund Admin LLC as the issuer's Admin Manager and Melissa Garlough as an officer of that administrator. The filing lists both the total offering and remaining amount as indefinite, so $4.655 million should be read as cumulative securities sold to date rather than a final fund size or fundraising target. :contentReference[oaicite:0]{index=0}
Hypernova Fund LP · CIK 0002029862Read article →
Bridgeport Access Evergreen Series SEC Review 2026: $6.48M First Close, P.I. Gateway and the Advantage Income Fund Structure
Bridgeport Access Evergreen Series, LP - Advantage Income Fund is more interesting than its September 2026 Form D initially suggests. The new Delaware limited partnership reported an indefinite Rule 506(b) hedge-fund offering, with $6.475 million already sold to a single investor only about two weeks after its September 1 first sale. The Form D identifies BridgePort Management Services, LLC as general partner, Coury Capital Management, LLC as co-general partner and P.I. Gateway as investment/series manager, while David Stefanick, Christopher Nero and Marcus Steele appear as principals of the general partner. This creates an unusually visible three-part structure: BridgePort supplies private-investment fund infrastructure, the Coury ecosystem contributes investment-manager and family-office relationships, and P.I. Gateway operates a broader alternatives-access platform for RIAs and qualified clients. The fund is therefore better understood as an access and allocation vehicle embedded in a larger private-markets architecture rather than as an isolated hedge-fund entity.
BRIDGEPORT ACCESS EVERGREEN SERIES, LP - ADVANTAGE INCOME FUND · CIK 0002153234Read article →
Augment Collective SEC Review 2026: Repeated Private-Market Offerings, $343M Adviser AUM and Regulatory Structure
Augment Collective, LLC is unusual because its SEC footprint does not resemble a conventional private fund that files once for a single flagship raise and then operates quietly for several years. The Delaware entity, formed in 2024 and operating from 1204 San Antonio Street in Austin, repeatedly submits new Form D notices under the same CIK, 0002023866, while individual filings carry different SEC file numbers, offering amounts and first-sale dates. The September 16, 2026 filing reported a $1,040,067 pooled investment offering with $925,932 already sold following a September 14 first sale, but that transaction represents only one entry in a much broader 2026 filing sequence. The more useful way to evaluate Augment Collective is therefore as part of a recurring private-market transaction platform rather than as a single $1 million fund. Its surrounding regulatory infrastructure is also unusually traceable: Augment Advisors, LLC is an SEC-registered investment adviser, Augment Capital, LLC is a FINRA-member broker-dealer, and Augment Markets, Inc. operates the broader technology and marketplace business. That regulatory footprint materially improves entity verification, but it does not answer the most important investment-level questions about the security, valuation, liquidity, economics or exit path inside any particular offering.
Augment Collective, LLC · CIK 0002023866Read article →
AG Asia COF A SEC Review: $100.25M TPG Angelo Gordon Co-Investment Vehicle
AG Asia COF A, L.P. is a much narrower vehicle than the Asia Realty V flagship structure reviewed separately. Its latest September 16, 2026 Form D amendment reports an indefinite offering with $100.25 million sold to only two investors and a $5 million minimum investment, while the issuer classifies itself specifically as a private equity fund rather than checking the real-estate category. The Cayman partnership was formed in 2022, uses Angelo Gordon's 245 Park Avenue address, relies on Rule 506(b) and Section 3(c)(7), and identifies AG ACOFA GP LLC as general partner. The filing also names the same senior Angelo Gordon / TPG personnel who appear across the firm's broader private-fund complex. The distinctive point here is investor concentration: $100.25 million reported across two investors implies a vehicle designed for very large institutional commitments rather than broad fundraising. That makes AG Asia COF A more plausibly analyzed as a concentrated co-investment or dedicated opportunity structure within TPG Angelo Gordon's Asia platform than as another conventional flagship blind-pool fund, although the exact economic mandate is not fully described in Form D itself.
Angelo, Gordon & Co., L.P. · CIK 0001944050Read article →
Asia Realty Holdings V SEC Review: TPG Angelo Gordon's Asia Real Estate Fund
Asia Realty Holdings V (SO), L.P. is best understood as part of the much larger TPG Angelo Gordon Asia Realty V ecosystem rather than as a stand-alone $300 million real estate manager. The Cayman Islands partnership was formed in 2022, began selling interests on September 5, 2022 and has maintained a recurring Form D history through September 2026. Its latest amendment continues to identify the issuer at Angelo Gordon's 245 Park Avenue New York address, relies on Rule 506(b) and Section 3(c)(7), and names AG Asia V LLC plus a group of executives also visible across other Angelo Gordon and TPG fund filings. The initial filing reported $300 million sold, while subsequent amendments continued the indefinite offering structure. More importantly, TPG's own public-company disclosures independently identify Asia Realty V as a 2022-vintage institutional real estate fund with approximately $2.007 billion of committed capital. That distinction matters: the $300 million associated with Asia Realty Holdings V (SO) is a specific vehicle-level Form D figure, not the total size of the broader Asia Realty V strategy.
· CIK 0001942235Read article →