SEC Filing Record

Offering Amount

$25.0M

$2.9M raised

Strategy

Other

Exemption

06c

Date Filed

May 19, 2026

0002068493-26-000001

View on SEC EDGAR →

37A Read

This is a fund-of-funds structure with a single named GP (Desiree Vargas Wrigley) paired with an LLC entity, signaling a newly formalized management vehicle rather than an established partnership—the LLC likely holds the GP economics while the named individual serves as decision-maker, a common pattern when a manager is launching their first institutional fund.

No prior EDGAR filings from this manager indicate Velocity Catalyst is making its first regulated raise, meaning this FoF vehicle represents the GP's entry into formal LP capital deployment rather than a continuation of an existing series or parallel strategy across multiple vintages.

Filing an amendment in May 2026 after closing only $3M (12% of target) signals either a mid-raise adjustment to terms or disclosures following initial LP commitments, positioning the manager to benefit from post-correction private markets appetite if capital availability improves through late 2026.

Before committing, verify whether the 06c exemption covers this as a follow-on to prior unregistered raises (it does not appear to) and confirm whether Desiree Vargas Wrigley has relevant FoF or GP selection experience outside this EDGAR record, since no historical track record exists to evaluate.

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Principals

General Partners & Executives

Desiree Vargas Wrigley Velocity Catalyst FoF I GP, LLC

Velocity Catalyst FoF I, LP