Pam AI Mar 2026 a Series of CGF2021 LLC

No prior EDGAR filings from this manager exist, meaning this team is either making their first institutional fund filing or has operated entirely below the $25M threshold until now; the $5M target and dual-GP structure signal either a first-time manager building proof of concept before a larger vintage, or an established operator who previously avoided SEC reporting requirements.

A June 2026 amendment filing on a fund originally formed in 2021 indicates a 5-year gap between entity creation and SEC notice, which either reflects a delayed institutional raise or a restructuring event; this timing aligns with post-2025 AI sector volatility where smaller specialized funds may be recalibrating ticket sizes and LP base.

Verify whether Brett Sagan or Sydecar has executed prior investments under the CGF2021 umbrella or through parallel vehicles not yet disclosed on EDGAR; also confirm whether the 06b exemption was invoked at formation (2021) or added in this amendment, as that distinction clarifies whether the GP has been operating with pre-existing relationship commitments or is newly restricting the raise scope.