OurCrowd (Investment in 2ndSpcX-ZB2) L.P.

Caleb Chill's sole GP appointment and absence of prior EDGAR filings indicate this is OurCrowd's first recorded fund formation at the SEC level, meaning the manager operates either as a smaller operator or has historically raised below the $25M threshold that triggers mandatory filing—this filing marks a shift toward formalized institutional capital raising.

Filing in May 2026 aligns with post-spring LP allocation cycles when institutions finalize deployment decisions for the fiscal year; the $4M ticket also suggests OurCrowd is targeting a specific LP class or regional investor base rather than competing for mega-check commitments in a crowded market.

Before committing, verify whether Caleb Chill carries a key-man clause tied to decision-making on the underlying 2ndSpcX-ZB2 investment and confirm the fee waterfall between this feeder and the primary fund—overstacked fees in a $4M vehicle can erode returns materially, and the use of Regulation D exemption 06b means LP protections rely entirely on contractual terms rather than public disclosure standards.