KR Investment Partners IV, LLC

The absence of any prior EDGAR filings from this manager means LPs cannot cross-reference earlier vintages, LP terms, or GP conduct through SEC records—this is the manager's first visible capital raise on the public record, which could reflect either a newly-formed partnership, prior reliance on exempt reporting channels, or a shift to formal fundraising after building track record outside the securities filing system.

A mid-2026 filing for a $13M target in private equity aligns with the post-2024 LP reallocation cycle when dry powder constraints and follow-on commitments to maturing funds create windows for smaller successor vehicles to raise without competing directly against mega-fund closings, though the modest size signals focus on a specific geography, operator niche, or returning investor base rather than broad market appetite.

Before committing, verify whether KR Partners IV has a hard key-man clause tied to Weaver or Gustafson individually—since this is the first public filing and no predecessor fund disclosures exist, confirm with existing LPs whether either GP has discretion to step back, and clarify the reinvestment/continuation terms, as smaller fourth vintages often face pressure to distribute earlier than larger peers.