Carry Venture Capital Fund I, LP

This is the first EDGAR filing on record for this manager, meaning Carry Venture Capital is either launching its debut fund or previously operated without SEC filings; the 06b exemption (no public solicitation) combined with three named GPs signals a manager raising from LP networks rather than building brand or track record visibility, consistent with first-time or emerging-manager positioning.

A May 2026 filing for a venture fund entering pre-marketing aligns with spring LP allocation cycles and Q2 budget deployment windows when LPs finalize commitments for that fiscal year; however, venture fundraising in mid-2026 enters a period where mega-funds and established managers have already locked commitments, making this timing most viable for manager-backed or founder-led vehicles with existing LP relationships.

Before committing, LPs should verify whether Ruminder Dhillon holds key-man status and what GP removal or suspension triggers exist, as the reliance on a single named individual at a debut fund creates concentration risk; additionally, confirm the actual target size and vintage year immediately upon formal offering circulation, since placeholder filings can remain outdated if the manager restructures terms or extends timelines.