CoastEdge Private Credit, LLC

With no prior EDGAR filings, this is CoastEdge's inaugural registered vehicle, meaning the manager is either newly formed or has operated entirely outside SEC registration until this private credit strategy; the 06b exemption choice (no public solicitation) confirms the GPs are building a relationship-based LP base rather than scaling through broad marketing, a common path for practitioners transitioning from bank balance sheets or credit platforms into independent management.

A May 2026 filing for a $7M credit fund arrives during a period when middle-market sponsors face refinancing pressure and direct lending allocations remain contested between established platforms and newer entrants; the modest size and relationship-only approach suggest CoastEdge is targeting existing LP networks rather than competing for headline capital, consistent with managers launching post-2024 that lack institutional track records.

Verify whether this amendment reflects a drop-down in target size from an earlier draft or a change in GP composition; also confirm whether Effress, Simpson, or Ponchak hold key-man provisions tied to their individual involvement, as departures from a three-person operating team could impair the fund's ability to source and manage credit assets at this scale.