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PE  · May 21, 2026

FLSL Capital LLC Series F

SEC Filing Record
Offering Amount
$5.0M
$2.3M raised
Strategy
PE
Exemption
06b
Date Filed
May 21, 2026
0002135945-26-000001
View on SEC EDGAR →
37A Read

This is a Series F continuation vehicle, indicating FLSL Capital has been raising in sequence; the single-GP structure with Juan Suarez as named principal suggests a founder-led operation without co-GP diversification, which concentrates decision-making and key-person risk across the partnership.

The absence of any prior EDGAR filings from this manager means this Series F filing is the fund's public disclosure debut—either the prior five series operated entirely under 506(b) pre-existing relationship exemptions, or the manager has just begun SEC-level fundraising formalization, signaling either a deliberate privacy-first approach or a recent institutional scaling event.

A mid-2026 filing for a $5M target with 46% committed capital suggests the GP is mid-cycle in fundraising; if prior series closed at similar scales, this timing aligns with a manager executing regular-cadence continuation raises rather than responding to acute market windows.

Before committing, verify whether Juan Suarez holds a key-person clause tied to fund operations or investment decisions, and confirm the terms of carry and management fee waterfall across Series A–F to assess whether earlier LPs face dilution or fee drag from the continuation structure.

Full analysis (GP structure, exemption breakdown, and market context) is available to Pro members.

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Principals
General Partners & Executives
Juan Suarez