SEC Filing Record

Offering Amount

$7.0M

Strategy

Hedge

Exemption

06b

Date Filed

May 28, 2026

0002074200-26-000002

View on SEC EDGAR →

37A Read

The two-GP structure with an amendment filing indicates this is either a restart or a material pivot from an earlier version—funds file amendments when terms, fees, or LP composition shift mid-raise, signaling the GPs may have revised strategy scope or adjusted their capital call schedule based on early LP feedback.

The absence of any prior EDGAR history for Cosentino or Etcheverry means this is either their first SEC filing as GPs or they have operated below the $25M threshold until now; the 06b exemption choice signals they are building this fund exclusively through their existing network rather than attempting to broaden LP reach, a constraint that typically reflects either a nascent manager or one focused on a tight LP syndicate model.

Filing an amendment in May 2026 during a period of hedge fund redemption pressure and elevated market volatility suggests the GPs are either extending their close timeline or adjusting terms to retain commitments—a mid-raise amendment is defensive posture, not offensive expansion.

Before committing, verify whether this amendment modified the key-man provision, management fee structure, or LP removal rights, as these changes directly affect downside protection and are often the substance of amendments filed after initial reception rather than administrative fixes.

Full analysis (GP structure, exemption breakdown, and market context) is available to Pro members.

Unlock Pro · $29/month → Sign in

Principals

General Partners & Executives

Mariano Cosentino Pablo Etcheverry

Truestone LP