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Other  · May 19, 2026

Pemberton Evergreen Alternative Credit Fund L.P

SEC Filing Record
Offering Amount
$371.5M
$224.1M raised
Strategy
Other
Exemption
06b
Date Filed
May 19, 2026
0001998517-26-000001
View on SEC EDGAR →
37A Read

The single GP structure with a dedicated limited partner entity signals a conventional closed-end fund with no parallel vehicles or feeder arrangements; the absence of blocker or continuation language indicates this is a standalone credit fund rather than a series continuation or re-up of an earlier vintage.

No prior EDGAR filings from Pemberton Evergreen mean this manager is either new to SEC reporting, operating below the filing threshold until now, or raising their first registered vehicle—the 06b exemption (pre-existing relationships only) combined with a $372M target suggests they are leveraging an established LP network rather than conducting a blind-pool fundraise.

Filing an amendment in May 2026 after reaching 60% of target indicates the fund hit a soft close or is managing a capital call schedule mid-raise; this timing aligns with LP allocation cycles triggered by Q1 portfolio reviews and mid-year rebalancing, when credit strategies benefit from LP rotation out of equities.

An LP should verify whether the amendment reflects a material change to terms (fee structure, strategy scope, or GP economics) or merely a routine update, and confirm Pemberton Evergreen's prior credit experience and key personnel, since no track record on EDGAR exists to establish their operational history.

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Principals
General Partners & Executives
Limited Pemberton Evergreen Alternative Credit Fund GP