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Other  · May 21, 2026

CoastEdge Distressed & Special Situations Fund LLC

SEC Filing Record
Offering Amount
$22.4M
Strategy
Other
Exemption
06b
Date Filed
May 21, 2026
0001810540-26-000001
View on SEC EDGAR →
37A Read

The amendment filing indicates this is a continuation or relaunch rather than a new vehicle—CoastEdge Partners LLC is named as co-GP alongside three individuals, a structure that typically emerges when an established team restructures to formalize entity-level governance or to reset terms with returning LPs after prior fund performance.

With no prior EDGAR filings under this manager name, this represents either a new team entering the market, a rebranding of an existing operation, or a first formal fund vehicle after operating in a more informal capacity; the four-person GP roster and 06b exemption signal a tight-knit group relying on pre-existing relationships rather than a build-out model.

Filing an amendment to a distressed and special situations fund in May 2026 aligns with LP repositioning during a late-cycle environment where allocators are shifting dry powder toward strategies designed to exploit credit stress and operational turnarounds, particularly as rate-cycle expectations create dislocation opportunities.

Before committing, confirm whether this amendment reflects a final hard-close date or a placeholder filing, and verify which of the four GPs carries primary decision-making authority and carry rights—the mix of individuals and an LLC entity suggests potential ambiguity on key-man risk and capital call discipline.

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

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Principals
General Partners & Executives
RICHARD EFFRESS STEVEN SIMPSON CoastEdge Partners LLC Alex Ponchak