AZT Fund I, a series of AZT Holdings, LP

The 06b exemption and reliance on pre-existing relationships suggest Tan is operating with a bootstrapped or self-sourced LP base, typical of first-time managers who lack institutional distribution infrastructure and are building their initial committed capital from direct networks rather than intermediaries.

A mid-2026 filing for a $1M venture target aligns with the post-correction flight-to-founder dynamics, where established operators with existing relationships are raising smaller, more focused vehicles rather than deploying through larger platforms—this timing captures momentum from LPs seeking direct exposure to emerging manager theses.

Before committing, verify whether Tan has existing management fees or carried interest commitments from prior advisory roles, operating companies, or angel syndicates that might create fee drag or conflict-of-interest issues, and confirm whether AZT Holdings itself is a management company or a portfolio entity masking the true GP structure.