SEC Filing Record

Offering Amount

$2.0M

Strategy

VC

Exemption

06c

Date Filed

May 20, 2026

0002100325-26-000001

View on SEC EDGAR →

37A Read

This is the third vintage in an established series, signaling that Eliovits has successfully deployed and returned at least one prior fund and secured LP confidence for a follow-on vehicle; the $2M target is notably small for a VC III, indicating either a continuation fund for follow-on investments, a final close raise after a larger first closing, or a series serving a niche healthcare segment where check sizes remain modest.

Eliovits operates as a solo GP under the 06c exemption with no prior EDGAR filings, which means either this is the first time the manager has crossed the $150M AUM threshold requiring registration, or prior vintages operated below that threshold or under different exemptions; this filing alone cannot establish whether the manager has been actively deploying for years or is newly formalized.

A mid-2026 filing for a healthcare VC fund arrives after two years of stabilized late-stage multiples and renewed LP appetite for sector-focused managers following 2023–24 market repricing; the timing positions this fund to deploy into companies that have survived downgrades and now trade at more defensible valuations.

Before committing, LPs should verify whether Eliovits retained key-person insurance or capital clawback provisions from Fund II, confirm whether the $2M represents a full target or a first-close placeholder expected to grow, and cross-reference healthcare sector databases to understand the GP's deal flow and portfolio construction since no prior institutional filings exist to map track record.

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Principals

General Partners & Executives

Nichola Eliovits

OT Healthcare Fund III, LLC