SEC Filing Record

Offering Amount

$1.2M

Strategy

VC

Exemption

06b

Date Filed

May 29, 2026

0002134615-26-000002

View on SEC EDGAR →

37A Read

The dual-GP structure with Sydecar (an LLC entity) and Brett Sagan signals a formalized partnership where Sydecar likely provides operational or administrative infrastructure while Sagan carries investment decision authority; this arrangement typically indicates the fund is anchored to Sagan's deal sourcing and thesis rather than an institutional GP with independent operating capability.

With no prior EDGAR filings from this manager, this is a debut vehicle, meaning Sagan and Sydecar are either new to the SEC filing requirement threshold or entering the institutional LP market for the first time; the 06b exemption choice (pre-existing relationships only) confirms the fund is built on a closed network rather than an open fundraising effort.

Filing an amendment to a venture capital vehicle in May 2026 during a period of cautious LP deployment and elevated carry expectations suggests either a reset of terms to attract existing commitments, a material change to GP economics or fund scope, or preparation for a near-term final close after market testing.

Before allocation discussions, confirm whether Brett Sagan has prior exits or a verifiable deal history outside this filing structure, whether Sydecar provides side-car or SPV management (which affects fee drag), and whether the $1M target reflects a true minimum or a placeholder ahead of a higher revised raise.

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Principals

General Partners & Executives

LLC Sydecar Brett Sagan

CC PP I a Series of CGF2021 LLC