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Hedge  · May 19, 2026

Mudita Original Onshore Feeder LP

SEC Filing Record
Offering Amount
$840.6M
Strategy
Hedge
Exemption
06b
Date Filed
May 19, 2026
0001748061-26-000001
View on SEC EDGAR →
37A Read

The feeder structure pools capital into a master fund, a common architecture for multi-class LP accommodation; the presence of two named GPs—a dedicated GP entity and individual Thomas Hardy—indicates a hybrid governance model where personal reputation anchors the investment process alongside institutional delegation, typical when a founder retains decision authority while formalizing GP infrastructure.

The absence of prior EDGAR filings for this manager signals either a first institutional fund raise or a transition from non-registered status into the SEC's purview, making this onshore feeder an entry point into regulated markets rather than a continuation of an existing series; the 06b exemption tied to pre-existing relationships confirms this manager is not building through broad market solicitation but relying on established LP networks to capitalize the vehicle.

A May 2026 filing in an $841M onshore hedge fund raise aligns with LP calendar-year capital calls and Q2 portfolio rebalancing cycles, when allocators with fresh dry powder execute commitments; however, an amendment filing rather than initial filing suggests the manager missed earlier windows or is adjusting terms mid-process, a timing friction worth understanding.

Verify whether Thomas Hardy carries a defined key-man clause and clawback mechanics, since the feeder structure makes GP individual continuity critical to fund stability; also confirm whether this $841M target reflects binding commitments or soft-circled interest, as first-time managers filing amendments risk pacing mismatches between GP promises and actual LP deployment velocity.

Full analysis (GP structure, exemption breakdown, and market context) is available to Pro members.

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Principals
General Partners & Executives
GENERAL PARTNER MUDITA GP LP THOMAS HARDY
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