Passaic Global Risk Premium Equity LP

No prior EDGAR filings from this manager indicate this is a debut fund, meaning LPs cannot evaluate performance history, fee evolution across vintages, or how Silva has managed capital allocation and risk during prior market cycles—this is a first-time raise and carries the operational and market-timing risk inherent to new sponsors.

Filing this amendment in June 2026 during a period of elevated equity volatility and potential drawdowns in risk-parity and multi-strategy hedge funds suggests Silva may be capitalizing on LP interest in tactical or hedged equity strategies as allocators rebalance away from concentrated long-only exposure or seek downside protection.

Before committing, verify whether the fund has a key-person clause tied solely to Silva and what happens to LP capital if he departs; also confirm the 06b exemption scope—whether all $184M is earmarked for pre-existing relationships or if a subset remains open to new allocations, as this affects actual availability and closes of the raise.