Clearline Capital Partners LP

The absence of prior EDGAR filings for this manager means this is either a first-time SEC filing (making this the inaugural institutional fund) or a newly registered entity spinning out from another platform; the 06b exemption use signals the manager is relying on existing LP relationships to fill the raise rather than building brand awareness through public roadshow—a constraint that works for established operators but limits their addressable market if this is truly a debut.

A May 2026 amendment to a fund filing in a hedge fund vertical occurs during a period when allocators are re-rotating into liquid strategies after duration volatility; filing an amendment (not an initial) suggests the manager is resizing, extending the fundraise window, or adjusting terms mid-cycle, all of which indicate the raise encountered friction or LP appetite shifted after the original filing date.

Verify whether Marc Majzner has key-man protections tied to the fund (including what percentage of committed capital triggers a wind-down) and confirm his employment status and non-compete obligations from any prior firm, since a four-entity structure with one named GP creates concentration risk if that individual's availability becomes constrained.