SEC Filing Record

Offering Amount

Indefinite

Strategy

VC

Exemption

06b

Date Filed

Jun 02, 2026

0002131951-26-000001

View on SEC EDGAR →

37A Read

The $0 placeholder filing with a Luxembourg SICAV-RAIF wrapper signals an early-stage pre-marketing vehicle; the RAIF structure allows the managers to operate under lighter regulatory burden across EU jurisdictions, which is standard for emerging GPs bootstrapping their first institutional raise before committing to a hard target.

This is Coverback's debut filing on EDGAR, and the three-person GP roster (two named individuals plus a SARL entity) indicates a newly formed or spun-out team operating lean; the lack of prior vintages means LPs cannot verify fund succession or how the GPs have managed capital through market cycles, making operational and key-person risk the primary diligence burden.

Filing in June 2026 positions this team to capitalize on mid-year LP allocation cycles and suggests they are navigating post-2024 venture correction sentiment by moving pre-marketing now before pushing to a hard close in late 2026 or early 2027, when LPs typically have refreshed deployment budgets.

Verify whether a key-man clause ties the fund to both named GPs or only one, and confirm the operational split between the SARL entity and the individuals, as this directly impacts continuity risk if either Lopez Muriel or Brotons becomes unavailable—given no track record, this becomes the primary deal-breaker for institutional LPs.

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Principals

General Partners & Executives

Coverback GP SARL Jose Lopez Muriel Borja de Benito Brotons

Coverback Fund SCA SICAV-RAIF