SL-0304 Fund I, a series of ARTIS A-LIST, LP

The absence of any prior EDGAR filings from this manager signals either a first-time fund operator entering the venture ecosystem, or an established sponsor that has operated below the $25M threshold until now and is crossing into reportable territory—either scenario means LPs should independently verify the GPs' operational history, portfolio construction experience, and whether they have institutional venture experience outside this filing vehicle.

A June 2026 filing during a seasonal uptick in venture capital formation reflects post-Q1 fundraising momentum and positions the fund to close by late Q3, catching the end-of-year LP deployment windows; however, venture funds filing in mid-2026 also face headwinds from higher-for-longer rates and compressed valuations, so the timing suggests either confidence in a specific thesis or pressure to lock commitments before market conditions tighten further.

Before committing, verify whether the two named GPs include a key-man clause tied to either or both partners, confirm whether ARTIS A-LIST has side-pocket or co-investment carve-outs that could affect fund economics, and request the amended filing once target size is finalized to check whether the $0M placeholder concealed material changes to fee structure, term, or LP class preferences that were withheld from this initial submission.