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VC  · Jun 09, 2026

Ion Pacific Ostrich Zeta LLC

SEC Filing Record
Offering Amount
$75.6M
Strategy
VC
Exemption
06b
Date Filed
Jun 09, 2026
0002138391-26-000001
View on SEC EDGAR →
37A Read

The fund lists three named GPs—Ion Pacific Investment Management Limited as the entity, plus Ady Adefris and Itamar Even as individuals—indicating a co-GP or dual-principal structure rather than a single-lead model, which typically distributes carry and decision-making authority across multiple operators but can create ambiguity around key-person risk and succession if one principal departs.

The absence of any prior EDGAR filings from Ion Pacific Investment Management Limited means this is either a first institutional fund raise from a manager previously operating at smaller scale or through direct relationships, or a newly formed entity; in either case, LPs have no historical data on deployment pace, follow-on discipline, or exit execution to reference.

A mid-2026 filing in the venture market aligns with LP appetite for early-stage exposure following the 2023–2024 pullback, but a $76M target for a manager with no EDGAR history suggests either a tight LP network or an expectation of slower deployment, both of which argue for LP verification that the raise is not contingent on anchor commitments that have already lapsed.

Before engaging, confirm whether Ion Pacific or either named GP has key-man language tied to both Adefris and Even or just one, and verify whether this filing is a placeholder subsequently updated—the June 2026 date and lack of prior filings make it critical to check current SEC status and any amendments for final close and LP composition.

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Principals
General Partners & Executives
n/a Ion Pacific Investment Management Limited Ady Adefris Itamar Even