Back to Digest
PE  · May 20, 2026

MVP LS FUND DCL LLC

SEC Filing Record
Offering Amount
$2.0M
Strategy
PE
Exemption
06b
Date Filed
May 20, 2026
0002114949-26-000001
View on SEC EDGAR →
37A Read

The two-GP structure with Clark and Gray filing under 06b exemption indicates a relationship-driven fund operating without broad market solicitation, typical of emerging managers bootstrapping LPs through personal networks rather than institutional fundraising infrastructure.

With no prior EDGAR filings from this manager, this is a debut vehicle, meaning Clark and Gray are either new to formal fund structuring or have operated deal-by-deal previously; the small $2M target and exempt status suggest they are validating a strategy and LP base before scaling to a larger, registered raise.

A May 2026 filing for a $2M PE fund during a period of LP dry powder redeployment and mid-market consolidation signals these GPs believe they can move capital efficiently at smaller check sizes, or are timing the raise to capture relationships formed in prior cycles.

Before committing, verify whether either GP has carried securities or LP capital in prior vehicles not yet on EDGAR, whether the fund has a defined key-man clause around both principals, and whether the $2M target is a soft close designed to re-open or a hard cap.

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

Unlock Pro · $29/month → Sign in
Principals
General Partners & Executives
WILLIAM CLARK TYLER GRAY