SEC Filing Record

Offering Amount

$950.0M

$35.0M raised

Strategy

Other

Exemption

06c

Date Filed

Jun 12, 2026

0002128996-26-000002

View on SEC EDGAR →

37A Read

The offshore corporate structure combined with a 06c exemption signals a continuation vehicle or feeder arrangement designed to accept non-U.S. capital alongside domestic LPs; the amendment filing in mid-raise (only 4% deployed) indicates either a material change to terms, LP base composition, or fee/carry structure rather than a routine update.

With no prior EDGAR filings and only two named GPs, this is either FortisX's first registered raise or the first time Felder and Zerr have sought U.S. LP capital at scale; the 06c exemption and offshore domicile suggest they have operated below the EDGAR filing threshold previously or are expanding distribution beyond a private network.

A June 2026 amendment filing during Q2 typically aligns with mid-year capital availability cycles and LP budgeting windows; the low close rate (4%) despite nine months from initial filing implies either selective LP targeting, delayed deployment readiness, or market conditions that have made large-check commitments slower to materialize.

Verify whether the two named GPs are co-managers with equal control or whether one holds decision-making authority—the absence of prior SEC filings means no public record of their historical GP relationships, key-person provisions, or redemption/clawback terms that would normally be tested across a fund series.

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Principals

General Partners & Executives

Gary Felder Karina Zerr

FortisX Ltd