Fund FG-UFO, a series of Forge Investments LLC

The absence of prior EDGAR filings from this manager means Forge Investments is either making its debut as a registered fund manager or has operated below the $150M AUM threshold until now; the choice of 06b exemption (pre-existing relationships only) signals this is a relationship-driven raise from a relatively opaque manager, not a public-market-facing platform, which is consistent with a first-time or emerging fund sponsor.

A June 2026 filing for a $114M target arrives at a juncture when mid-market PE allocators are redeploying dry powder after the 2023–2024 refinancing cycle and when mega-fund vintage 2021–2022 exposure is maturing, making this sized vehicle competitive if the GPs have conviction in a specific thesis or sector gap.

Before committing, verify whether all three GPs have co-equal removal rights and whether a key-man clause ties fund continuity to all three or just the entity Forge Global Advisors; confirm that Grant George and Shilpi McGrath have publicly disclosed PE or investment experience elsewhere, since this filing alone provides no work history or prior fund track record for the individuals.