WaCap - O Transportation Infrastructure Capital Partners Feeder LLC

Washington Capital Management's absence from prior EDGAR filings combined with five named GPs and a 06b exemption (pre-existing relationships only) indicates this is likely a newly-formed manager or a recent spinout entering the transportation infrastructure market without a documented track record on the public record, requiring LPs to conduct off-market reference checks on the GP team's prior fund experience.

A May 2026 filing in transportation infrastructure aligns with infrastructure allocation cycles driven by policy clarity and capital calls from prior vintages—the amendment status suggests the manager is responding to either LP feedback on terms or changed market conditions between an initial filing and this revision, rather than launching into an untested market window.

Before engaging, verify whether any of the five named GPs hold key-man provisions tied to specific individuals and confirm the master fund's fee structure and GP commitment levels, as feeder arrangements can obscure whether the manager has meaningful co-investment and whether LP capital is subordinated to a prior preferred return on the master side.