TI Co-Invest, LLC - Investment Series 3

With only two named GPs and a $1M target, this manager is operating as a tight co-investment syndicate rather than a standalone fund, which typically means they are filtering deal flow from a larger platform or anchor fund and bringing in specific LPs on individual opportunities rather than managing a pooled portfolio.

Filing in May 2026 during a venture correction and elevated dry powder environment suggests the manager is locking in commitments from existing relationships before broader LP allocation cycles tighten further, using the 06b exemption to avoid public marketing costs on a small raise.

Verify whether Bennett Thomas and Justin Smithline have key-man provisions tied to both parties or just one, and confirm whether this Series 3 vehicle has defined follow-on rights or pro-rata commitment terms, as the small size and co-invest structure often mean LPs are locked into future rounds without explicit consent rights.