SEC Filing Record

Offering Amount

$0.1M

Strategy

VC

Exemption

06b

Date Filed

May 21, 2026

0002134481-26-000001

View on SEC EDGAR →

37A Read

The $0M target filing is a placeholder registration; the actual commitment size will emerge in amended filings or side letters once the fund closes its initial commitments, a standard practice for emerging managers establishing their first formal vehicle on EDGAR.

Tim Kelly's sole GP status and absence of prior EDGAR filings indicate this is his first institutional fund launch, meaning he is transitioning from angel investing or operating roles into formal fund management with a legal entity capable of accepting third-party capital.

A mid-2026 filing for a regional angel fund aligns with renewed LP appetite for local and emerging-manager vehicles following 2023–2024 rate stabilization, when allocation committees resumed building emerging-manager pipelines after a multi-year dry spell in early-stage fundraising.

Verify whether a key-man clause on Tim Kelly exists and what happens to fund governance if he becomes unavailable; also confirm whether the pre-existing relationship exemption covers all LPs or whether the fund intends to conduct a limited update filing to permit broader solicitation later.

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Principals

General Partners & Executives

Tim Kelly

Central Illinois Angels LLC - Series 6344