PE-0126 Fund II, a series of K50 Funds, LP

No prior EDGAR filings from this manager means either K50 Funds is newly registered, operates entirely under 506(b) or another exemption that does not require EDGAR disclosure, or files through a different entity; the reliance on 06b exemption (pre-existing relationships only) indicates a closed fundraising approach with an established LP base rather than public outreach.

Filing in June 2026 aligns with typical H2 close timing for venture funds targeting deployment in 2027, and a $2M target suggests either a micro-fund strategy, a continuation vehicle for follow-on reserves, or an early-stage proof-of-concept before a larger subsequent raise.

Before engagement, verify the identity and experience of the two unnamed GPs and confirm whether K50 Funds has any operating history under a different name or regulatory structure; request the fund's distribution waterfall and key-man provisions, as the lack of public track record on EDGAR makes manager continuity and governance terms especially material to underwriting.