GLOBAL EQUITY LEADERS SERIES OF GLOBAL ASSET MANAGEMENT STRATEGIES, LLC

The absence of prior filings combined with the 06b exemption (pre-existing relationships only) signals this manager is bootstrapping a regulated fund from an established but non-public LP base, meaning the raise targets known institutional capital rather than broad market outreach—typical of family office networks, co-investment groups, or managers transitioning from unregistered vehicles into formal fund structure.

A mid-2026 amendment filing in a volatile macro environment suggests either a delayed close from an earlier soft-close period or recapitalization in response to LP deployment cycles tightening; hedge fund raises in this window often reflect LP dry powder rotation and tactical repositioning rather than new capital commitments.

Before commitment, verify whether the five GPs have defined key-person provisions tied to specific individuals and what remedies exist if one departs; also confirm whether this $132M target represents a hard close or rolling close, since amendment filings sometimes mask extended fundraising windows that compress LP conviction.