Research
Independent analysis of SEC filings, private funds, RIAs, websites and regulatory records.
Is Carlyle Phoenix SPV Legit? Carlyle $485B AUM, Three Phoenix Funds, Jefferies & SEC Form D Review 2026
Carlyle Phoenix SPV, L.P. is a verifiable 2025 Delaware private equity vehicle whose September 14, 2026 Form D ties it directly to Carlyle's Washington, D.C. headquarters, senior fund-management personnel and the TC Group legal structure historically used across Carlyle private equity entities. The filing identifies an indefinite Rule 506(b) offering of pooled investment fund interests, claims Investment Company Act Section 3(c)(7), reports $0 sold and zero investors, and states that the first sale had not yet occurred. TC Group Phoenix SPV, L.P. is identified as the issuer's General Partner, TC Group Phoenix SPV, LLC as the GP of that GP, and Jeremy Anderson, Robert Rosen and David Lobe as authorized persons in the upper-level GP structure. The issuer's address — 1001 Pennsylvania Avenue NW, Suite 220 South, Washington, D.C. — is Carlyle's official global headquarters.
Carlyle Phoenix SPV · CIK 0002150137Read article →
Is ECP Shoreline Fund Legit? $10.53M Sold, Environmental Commodity Partners, Carbon Markets & SEC Review 2026
ECP Shoreline Fund LP is a verifiable Delaware hedge fund directly connected to Environmental Commodity Partners LP, or ECP, a Mill Valley, California investment manager focused on environmental commodity markets. The September 14, 2026 Form D/A reports an indefinite Rule 506(b) offering with $10,533,154 cumulatively sold to six investors, up from $9,171,493 reported in September 2025. The first sale occurred on September 17, 2025. SEC records identify Alex Rau, Blake Schaefer, Leonard "Lenny" Hochschild, Tyler Broehm and Remy Ruiz as related executive officers, while the fund uses the exact 100 Shoreline Highway, Suite B-210, Mill Valley address and 415-269-3092 phone number published by Environmental Commodity Partners on its official website. That address, phone and management overlap gives the fund a particularly strong entity-verification chain. :contentReference[oaicite:0]{index=0}
ECP Shoreline Fund LP | CIK: 0002083197 | SEC FILE NO.: 021-558344 | ENTITY: Delaware Limited Partnership | YEAR ORGANIZED: 2024 | LATEST FORM D/A: September 14, 2026 | FIRST SALE: September 17, 2025. :contentReference[oaicite:10]{index=10} · CIK 0002083197Read article →
Is Amiricon Phoenix Fund I Legit? $2M SEC Form D, Hassan Amiri, Amiricon Properties & Phoenix Multifamily Review 2026
Amiricon Phoenix Fund I, LLC is a newly formed Wyoming private real estate fund tied through SEC records to Hassan Amiri and the operating Amiricon Properties platform in Silver Spring, Maryland. The September 18, 2026 Form D reports a $2 million Rule 506(c) offering of pooled investment fund interests, a $50,000 minimum investment, $0 sold, zero investors and that the first sale had not yet occurred. The issuer is classified under Commercial Real Estate, claims Investment Company Act Section 3(c)(1), and uses 12069 Tech Road, Silver Spring, Maryland as its principal business address. Hassan Amiri is the only related person named in the filing, while Kyle Swafford signed by power of attorney from Hassan Amiri as Manager. The filing therefore verifies a genuine new private fund structure, but it does not establish that the $2 million target had already been raised or that investor capital had been deployed as of September 18. :contentReference[oaicite:0]{index=0}
Amiricon Phoenix Fund I, LLC | CIK: 0002155807 | SEC FILE NO.: 021-598149 | FILM NO.: 261390741 | ENTITY: Wyoming LLC | YEAR ORGANIZED: 2026 | FORM D FILED: September 18, 2026. :contentReference[oaicite:9]{index=9} · CIK 0002155807Read article →
Is Standby Capital SPV I Legit? $7.5M Debt Offering, $940K Sold, Revenue-Based Receivables & SEC Review 2026
Standby Capital SPV I LLC is a newly formed Delaware specialty-finance vehicle that filed its first SEC Form D on September 18, 2026. The filing reports a $7.5 million Rule 506(b) debt offering, $940,000 sold, $6.56 million remaining, 13 investors and a $25,000 minimum investment, with the first sale dated August 27, 2026. Matthew Ryan Turlip is identified as executive officer, director and promoter, and the filing names Standby Capital Management LLC and Standby Capital Holdings LLC in the related-person clarification. The issuer operates from 160 Front Street, Unit 702, Brooklyn, New York. Most importantly, Item 16 states that offering proceeds are used to acquire revenue-based receivables from merchants. That disclosure makes the economic model much clearer than many new Form D filings: investors are not buying a diversified venture fund or real estate vehicle, but lending capital into an SPV designed to acquire merchant receivables tied to business revenue. :contentReference[oaicite:0]{index=0}
Standby Capital SPV I LLC | CIK: 0002155405 | ENTITY: Delaware LLC | YEAR ORGANIZED: 2026 | FORM D FILED: September 18, 2026 | FIRST SALE: August 27, 2026. :contentReference[oaicite:6]{index=6} · CIK 0002155405Read article →
Is Eight Partners VC Legit? 8VC, $13.4B Regulatory AUM, $998M Fund VI, Joe Lonsdale & SEC Review 2026
Eight Partners VC, LLC is the legal investment-adviser entity behind the better-known 8VC brand, and its current regulatory and operating evidence is unusually strong. SEC Investment Adviser Public Disclosure lists Eight Partners VC, LLC under CRD 283031 / SEC file 801-134666, with SEC registration effective January 2, 2026. Its latest available Form ADV, filed April 16, 2026, reports approximately $13.4 billion of regulatory assets under management across 65 client accounts and a principal office at 907 South Congress Avenue in Austin, Texas. The adviser itself uses both "8VC" and "Eight Partners VC, LLC," while the official 8vc.com legal notice explicitly states that the website is owned and operated by Eight Partners VC, LLC. This direct legal-name-to-brand linkage is important because search users may otherwise assume Eight Partners VC and 8VC are separate firms. :contentReference[oaicite:0]{index=0}
Eight Partners VC · CIK 0001667762Read article →
Is Decimal Capital Fund I Legit? Morgan Beller, Ashton Kutcher, $500M Target & SEC Form D Review 2026
Decimal Capital Fund I LP is a newly formed Delaware venture capital fund whose first SEC Form D was filed on September 18, 2026. The filing identifies an indefinite Rule 506(b) offering, classifies the issuer as a Venture Capital Fund and Pooled Investment Fund, claims Investment Company Act Section 3(c)(7), and reports $0 sold, zero investors and that the first sale had not yet occurred. Morgan Beller is the only individual named directly as a related person and signed the filing as Managing Member of the General Partner; Decimal Capital GP I LLC is the GP entity. The fund uses 10960 Wilshire Boulevard, Suite 1900, Los Angeles, California. These facts establish a genuine new fund structure, but they do not establish that Decimal had completed a first close or raised capital by the filing date. :contentReference[oaicite:0]{index=0}
Decimal Capital Fund I LP | CIK: 0002153288 | SEC FILE NO.: 021-598152 | FILM NO.: 261391088 | ENTITY: Delaware Limited Partnership | YEAR ORGANIZED: 2026 | FORM D FILED: September 18, 2026. :contentReference[oaicite:11]{index=11} · CIK 0002153288Read article →
Is IceCap Real Estate Debt Fund III Legit? $142.84M Sold, 237 Investors, IceCap Group & Real Estate Lending Review 2026
IceCap Real Estate Debt Fund III, LLC is a verifiable Delaware real estate investment vehicle with an SEC filing history dating to 2023 and a current operating relationship to IceCap Group, a New York private real estate lender founded in 2017. The September 18, 2026 Form D/A reports an indefinite Rule 506(c) equity offering with $142,841,814 cumulatively sold to 237 investors and a $1 million minimum investment. The filing identifies Joseph Oved as Chief Executive Officer, Isaac Oved as Chairman of The O5 Group, and additional related persons including Ezra Dweck, Jack Oved, Joseph Bekar, Pasi Mantyla, Andrea Propp, Felix Rivera, Stephen Schwartz, David Jacob and Michael Stone. The current fund address, 70 West 36th Street, 13th Floor, New York, matches IceCap Group's public operating address, while Joseph Oved and Ezra Dweck are identified by IceCap as the firm's co-founders and senior operating leaders. The legal, personnel and address relationships therefore provide strong evidence that Fund III is part of the active IceCap lending platform rather than an isolated Form D issuer. :contentReference[oaicite:0]{index=0}
IceCap Real Estate Debt Fund III, LLC | CIK: 0001996283 | SEC FILE NO.: 021-494114 | ENTITY: Delaware LLC | YEAR ORGANIZED: 2023 | LATEST FORM D/A: September 18, 2026 | FIRST SALE: October 23, 2023. · CIK 0001996283Read article →
Is Appian Investments Legit? $100M Fund V, $7.52M Sold, $1B+ Real Estate Platform & SEC Review 2026
Appian Investments Fund V, LLC is a newly formed South Carolina commercial real estate investment vehicle connected through SEC records to Appian Investments, an established Greenville-based real estate platform founded in 2015 by NAI Earle Furman. The September 18, 2026 Form D reports a $100 million Rule 506(b) offering, $7.52 million sold, $92.48 million remaining, 81 investors and a $250,000 minimum investment. The filing states that the first sale occurred on September 5, 2026 and clarifies that the reported $7.52 million reflects an initial closing on a percentage of capital commitments. Ty Underwood is identified as the related executive officer and manager of Appian Investment Partners V, LLC, which in turn manages the issuer. The same filing estimates $752,000 of proceeds will be used for payments to the named related person because the manager receives an annual management fee equal to 2% of capital commitments as calculated from time to time. These disclosures make Fund V unusually transparent on one important economic point: the SEC filing itself confirms the existence of a 2% management fee rather than leaving all fee economics entirely to private offering documents.
Appian Investments Fund V, LLC | CIK: 0002140615 | SEC FILE NO.: 021-598164 | ENTITY: South Carolina LLC | YEAR ORGANIZED: 2026 | FORM D FILED: September 18, 2026 | FIRST SALE: September 5, 2026. · CIK 0002140615Read article →
Is Initialized Capital Legit? $150M Fund VII, $114.35M Sold, Portfolio, Management & SEC Review 2026
Initialized Capital is a long-established U.S. early-stage venture platform with a public operating history extending back to 2012 and a new flagship vehicle, Initialized VII L.P., now visible through current SEC filings. The September 18, 2026 Form D/A for Initialized VII reports a $150 million Rule 506(b) offering, $114.35 million cumulatively sold to 26 investors and $35.65 million remaining. The fund is organized as a Delaware limited partnership, operates from 464 Tehama Street in San Francisco, is classified as a venture capital fund and pooled investment fund, claims Investment Company Act Section 3(c)(7), and identifies Brett Gibson as Managing Member of the General Partner. A related vehicle, Initialized VII Associates L.P., separately reports a $10 million offering with $5 million sold and uses the same address, telephone number and Brett Gibson relationship. These filings provide strong evidence that Fund VII is part of the same Initialized platform rather than an unrelated entity using the name.
Initialized VII L.P. · CIK 0002086432Read article →
Is Orchard View Fund Legit? $2.3075M SEC Form D, FSO Capital Partners & Arizona Real Estate Review 2026
Orchard View Fund LLC is a newly organized Arizona real estate investment vehicle whose September 18, 2026 SEC Form D reports a $2,307,500 Rule 506(b) equity offering that had already been fully sold to 25 investors. Unlike many newly filed private offerings that report $0 sold or no first sale, Orchard View reports a first sale on September 15, 2026, the full $2.3075 million sold, nothing remaining and no sales commissions or finder's fees. The filing identifies FSO Orchard View LLC as manager and names Jeffrey Sherman and Scott O'Neill as related persons. All three use 5050 North 40th Street, Suite 210, Phoenix, Arizona—the same address publicly used by FSO Capital Partners. This address, personnel and branding match provides a strong bridge between the legal issuer and an established Phoenix real estate investment platform.
Orchard View Fund LLC · CIK 0002144126Read article →
Is Anchored Capital Investment Group Legit? $1.8M SEC Form D, Rule 506(c), Management & Entity Review 2026
Anchored Capital Investment Group LLC is a newly organized Wyoming company that filed its first SEC Form D on September 18, 2026 for a $1.8 million equity offering under Rule 506(c). The filing reports a $50,000 minimum investment, $0 sold, zero investors and that the first sale had not yet occurred. Jason Loewen and Ryan Rayburn are identified as executive officers, with the filing describing Loewen as "Manager of Manager"; both are listed through Anchored Capital LLC at a Kennesaw, Georgia mailing address. The regulatory record therefore establishes that a real issuer filed an exempt securities offering, but it does not yet establish that outside investors have funded the offering, that $1.8 million has been raised, or that the issuer has an operating or investment performance history.
Anchored Capital Investment Group LLC · CIK 0002156274Read article →
Is M13 Ventures V, L.P. Legit? $400M SEC Form D, Fund History, Portfolio & Manager Review 2026
M13 Ventures V, L.P. is a newly formed Delaware venture capital fund connected through SEC records to the established M13 venture platform. A July 29, 2026 Form D identifies a $400 million Regulation D offering, M13 Ventures Management, LLC as the management company, M13 Ventures V GP, LLC as the general partner, and Carter Reum and Courtney Reum as managers of the GP. At the time of that filing, the fund reported $0 sold, zero investors and that the first sale had not yet occurred. The filing therefore verifies a real fund structure and a planned $400 million capital raise, but it does not establish that M13 Ventures V had already raised or closed $400 million. The distinction is important: the $400 million figure is the offering amount disclosed in Form D, not current NAV, committed capital or assets under management.
M13 Ventures V, L.P. · CIK 0002147241Read article →