Alpha-SA-0402 Fund I, a series of Platform Funds 2026, LP

No prior EDGAR filings from this manager suggest either a newly formed GP entity, a manager operating previously outside SEC-reporting thresholds, or a platform affiliate filing its first registered fund—the two-GP structure with 06b exemption signals a relationship-driven approach typical of emerging or specialized managers building LP networks without broad marketing.

Filing in late May 2026 aligns with mid-year LP rebalancing cycles and Q2 deployment windows, when allocators typically finalize vintage-year commitments; the 06b exemption timing also avoids post-Q1 earnings season when LP dry powder is most visible and competitive.

Verify whether the named GPs (listed as 'not listed') represent material omissions in the filing or redacted information, and confirm whether this platform structure includes key-person provisions tied to either GP or whether capital calls are gated on manager staffing—structural gaps here directly affect LP liquidity and control rights.