CoastEdge Private Equity LLC

With no prior EDGAR history for this manager, this is a de novo fund from a group that has operated below the $150M threshold or outside regulatory visibility until now; the 06b exemption (pre-existing relationships only) indicates the GPs are anchoring this raise through their own networks rather than building institutional distribution, typical of founder-operator vehicles moving their first formal capital into a registered structure.

A May 2026 amendment filing in a $24M raise reflects either LP requests for terms adjustments mid-commitment or a reset after initial close shortfall; mid-year filing timing for a sub-$25M fund points to a seasonal LP budget cycle (Q2 capital allocation windows) or a reaction to Q1 market conditions that required the manager to modify investor terms to maintain momentum.

Verify whether this amendment materially changed GP compensation, carry structure, or key-person provisions—amendments often hide fee or governance shifts that existing commitments must re-approve; additionally, confirm whether any of the four GPs have concurrent raises or competing vehicles, as the lack of EDGAR history means their prior fund activity may exist outside SEC view.