MARLIN SAMS FUND, L.P.

The 06b exemption (pre-existing relationships only) combined with zero prior filings indicates this manager has operated below SEC reporting thresholds until now or is newly launching under these names; the dual-GP structure with equal naming suggests a partnership vehicle rather than a single founder operation, which typically implies both GPs have contributed capital and operational responsibility.

A mid-2026 amendment filing on a $98M hedge fund target reflects the post-rate-cut environment where allocators are rotating into hedge strategies perceived as inflation hedges or volatility plays; the amendment status (not initial filing) suggests the manager is adjusting terms, LP composition, or fee structure mid-raise in response to LP feedback or market conditions.

Verify whether this amendment modified fee terms, key-man provisions, or GP commitment levels—amendments often signal LP pushback on economics or operational control; additionally, confirm whether Michael Solomon or Suzanne Present have prior hedge fund management experience outside EDGAR, as the absence of prior filings leaves their track record opaque to institutional allocators.