JM Equity Venture LLC - Ripple PE 4 LLC

With no prior EDGAR filings under this manager's name, this is either Claver's first registered raise or represents a new entity structure; the single GP designation and 06b exemption signal a tightly controlled operation focused on deploying capital to existing relationships rather than building an institutional platform.

Filing in May 2026 aligns with mid-year LP capital deployment cycles and suggests Claver is capitalizing on either a specific portfolio exit window, GP-led secondary opportunity, or continuation investment need that required speed to market without broad LP syndication.

Before engagement, LPs should confirm whether the $0M placeholder will be updated with a hard target, verify Claver's actual investment history (deal flow, exits, and prior fund performance outside EDGAR), and clarify whether this fund has a key-man clause or removal provisions given the single GP structure.