NA-0421 Gaingels Fund I, a series of Zachary Ginsburg Funds, LP

This is Ginsburg's first EDGAR appearance, meaning the GP has operated below the $110M threshold until now or this is the inaugural institutional fund; the 06b exemption (no public solicitation) combined with only two named GPs indicates a tightly controlled operation that has grown through direct relationships rather than broad fundraising infrastructure.

A May 2026 filing in a venture market recovering from 2024–25 downturn timing suggests Ginsburg is moving to lock in commitments before a potential Q3–Q4 LP allocation cycle, when larger checks may migrate to established managers with demonstrated exits — this filing window also positions the fund to deploy before a potential reacceleration in seed and early-stage velocity.

Before committing, verify whether the $0 placeholder will be updated within 90 days (indicating an active raise) or remains static (indicating a closed continuation vehicle for existing LPs only), and confirm whether Ginsburg has key-person language tied to his personal involvement — the single-name GP structure in a first institutional fund creates concentration risk if succession is not contractually locked.