HPA 2025 H Investment, LLC

Peter Wilkins has no prior EDGAR history, meaning this is either his first registered fund vehicle or his first time raising under his own name after departing another firm—the 06b exemption reliance on pre-existing relationships implies he is bootstrapping from a known investor base rather than conducting open market fundraising.

Filing in May 2026 positions this raise into late-stage Series A and early-stage Series B fundraising season, when many venture managers are closing vehicles ahead of mid-year portfolio management cycles; this timing also follows two years of post-2024 market recalibration, suggesting Wilkins is moving capital when LP appetite for smaller, focused bets has stabilized.

Before committing, LPs should verify whether this $1M target is a placeholder filing likely to be amended upward or a genuine hard cap, and confirm whether Wilkins is managing capital simultaneously under any other entity or advisor affiliation not surfaced on EDGAR—his lack of prior filings leaves no public record to audit for conflicts or pre-existing fund obligations.