YAR Ventures L.P.

The absence of prior EDGAR filings from this manager means this is either a first institutional fund raise or Masrour has previously operated below the filing threshold; the 06b exemption choice (pre-existing relationships only) further suggests he is bootstrapping from a closed network rather than pursuing broad LP outreach, consistent with a first-time or highly localized manager.

Filing in June 2026 captures the post-Series A correction period in venture when capital redeployment slowed and LPs began rotating away from mega-funds; a $10M target at this moment positions this fund to write smaller checks into overlooked companies or founders that larger vehicles have deprioritized.

Before committing, verify whether Masrour has a key-person insurance clause tied to his continued involvement and confirm the definition of 'pre-existing relationship' in the PPM, as the 06b exemption's enforcement relies heavily on documentation of prior contact—weak documentation here could expose LPs to regulatory risk or create disputes over who qualifies as an eligible investor.