SEC Filing Record

Offering Amount

$7.1M

Strategy

VC

Exemption

06b

Date Filed

Jun 09, 2026

0002102936-26-000002

View on SEC EDGAR →

37A Read

The fund is structured as a series within CGF2021 LLC, a multi-vehicle platform, with two named GPs (Sydecar LLC and Brett Sagan) sharing decision rights; this indicates a co-GP model likely designed to distribute operational load or LP preference for dual management, though the series structure allows future vehicles under the same master entity without re-filing.

The June 2026 amendment filing with no prior EDGAR history from this manager signals either a first formal institutional raise or a previously informal operation now seeking LP capital at scale; the 06b exemption restricts them to pre-existing relationships, meaning this $7M target is built on a known investor base rather than broad market outreach.

Filing in mid-2026 positions this fund after the sustained venture downturn of 2023–2025, when capital deployment slowed and dry powder accumulated; this timing suggests the managers are moving to deploy or commit existing relationships before Q4 2026, when LP commitment cycles typically tighten ahead of year-end budgets.

Verify whether Brett Sagan and Sydecar LLC have parallel vehicles, prior fund exits, or co-GP disputes in other structures, as the dual-GP arrangement with no track record history on EDGAR creates ambiguity about decision authority, fee splits, and GP continuity if one party exits—request an LPA side letter clarifying governance thresholds.

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Principals

General Partners & Executives

LLC Sydecar Brett Sagan

Perpetuo Corp. Nov 2025 a Series of CGF2021 LLC