SEC Filing Record

Offering Amount

$0.1M

Strategy

VC

Exemption

06b

Date Filed

May 22, 2026

0002108290-26-000001

View on SEC EDGAR →

37A Read

The $0 target is a placeholder filing; the actual fund size will be determined post-launch, which is common for early-stage vehicles using the 06b exemption to begin deployment before a formal cap is set. The dual GP structure—an LLC entity (Sydecar) paired with an individual (Brett Sagan)—suggests Sagan operates through a service provider or co-GP arrangement rather than as a sole principal, a pattern typical of emerging managers distributing operational burden.

This is the manager's first EDGAR filing, indicating either a newly formed entity or a previously off-market operation now raising with institutional capital. The reliance on the 06b exemption (no public solicitation) signals the manager is building from a closed network of LPs rather than conducting a broad market campaign, typical of founder-led or angel-backed emerging funds scaling into institutional rounds.

A mid-2026 filing aligns with LP calendar resets and allocation cycles that typically conclude in Q2, positioning the fund for commitment through year-end when capital deployment windows open; the timing also reflects venture markets stabilizing after 2024–2025 contraction, making pre-existing relationship fundraising viable again.

Verify whether Brett Sagan holds key-man status and what trigger events—departure, incapacity, or underperformance—allow LPs to redeem or trigger a management transition; also confirm Sydecar's role as administrator versus co-investor, as this affects fee alignment and potential conflicts of interest across the GP's other activities.

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Principals

General Partners & Executives

LLC Sydecar Brett Sagan

Cherub Jan 2026 a Series of CGF2021 LLC