Clubhouse Capital CityGolf USA LLC

Frederick Sharp's sole GP role with no prior EDGAR filings indicates either a first-time fund manager or an established operator working outside SEC visibility until now; the 06c exemption choice—permitting up to $5M raises without full registration—suggests either a small-check strategy, a continuation of existing LP relationships, or a test-of-market before a larger qualified-offering file.

A May 2026 filing in a late-cycle venture environment signals either conviction in a specific sub-sector insulated from macro headwinds or a continuation raise driven by existing LP appetite from prior exits; the timing is tight enough to anticipate deployment pressure if LPs have deployment schedules through 2027.

Before engagement, allocators must confirm whether this filing represents a true new fund or a continuation/successor vehicle to Sharp's prior management activity off-EDGAR; additionally, verify the actual target capitalization and whether the GP intends to graduate to a larger offering or remain under the 06c threshold, as this materially affects governance and reporting obligations.