MONTICELLOAM FUNDING LLC SERIES SH-102

With no prior EDGAR filings and three named GPs (Litt, Lally, Litt), this manager is either making its first regulatory filing or operating primarily outside the registered fund space; the 06c exemption and lean GP count suggest a founder-led or small partnership structure that has likely operated through direct investments or advisory relationships before formalizing a fund vehicle.

A June 2026 filing for a $2M raise indicates the manager is capitalizing on either a specific LP's deployment cycle or a narrow market window rather than a broad platform fundraise; mid-year timing often reflects either follow-on commitments from existing relationships or opportunistic capital mobilization tied to a particular deal pipeline or sector momentum.

Verify whether a key-man clause names any of the three GPs as irreplaceable and whether Alan Litt and Jonathan Litt have a family or business relationship, as the shared surname raises questions about dual-control or succession risk; also confirm whether this $2M filing is a placeholder that will be amended upward or a closed vehicle reserved for a single investor.