Governors Lane Onshore Fund LP

SEC Filing Record

Offering Amount

$1.1B

Strategy

Hedge

Exemption

06b

Date Filed

May 29, 2026

0000902664-26-002627

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The dual naming of both an LLC general partner entity and two named individuals (Corre and Maginley) as co-GPs signals a partnership structure where personal liability and decision-making authority are distributed across both the corporate vehicle and principals, a common arrangement when founders are codifying governance ahead of institutional capital or succession planning.

The absence of prior EDGAR filings from this manager indicates this is either a first-time fund formation or a manager that has operated below the $150M AUM threshold until now, making the $1.104B target a material step-up in institutionalization that typically requires new operational infrastructure and LP reporting commitments.

An amendment filing in May 2026—rather than an initial filing—suggests the manager originally registered a smaller or placeholder offering and is now upsizing or extending the fundraising window, a pattern that occurs when early LP commitments exceed initial expectations or when market conditions shifted favorably after launch.

Verify whether Isaac Corre and Olivia Maginley have individual key-person clauses tied to fund operations or redemption gates, as the specific naming of two principals in a $1.1B onshore hedge fund creates concentration risk; also confirm whether either GP has concurrent positions at other registered funds that could create conflict-of-interest issues.

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Principals

General Partners & Executives

Governors Lane Fund General Partner LLC Isaac Corre Olivia Maginley Governors Lane LP

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