Bluu Mar 2026 a Series of CGF2021 LLC

No prior EDGAR filings from this manager indicate this is either a first institutional fund or a manager who has operated below the filing threshold until now; the 06b exemption restricting outreach to pre-existing relationships implies a founder or small team working from existing LP networks rather than a broad brand-name raise.

A June 2026 filing in a venture market recovering from a multi-year downturn and moving into renewed institutional allocation cycles suggests the manager is timing a formal fund vehicle to capture LPs in allocation mode; the delay between now and typical closing timelines indicates this raise is positioned for capital deployment in late 2026 or early 2027.

Verify whether Brett Sagan has prior GP experience or fund-related regulatory history outside EDGAR, confirm Sydecar's role as co-GP versus administrator, and confirm the $0M target has a real commitments schedule attached — placeholder filings sometimes remain dormant, and a zero-target fund with no prior manager track record warrants clarity on actual fundraising momentum before LP engagement.