Back to Digest
Other  · Jun 05, 2026

ROSECLIFF NEXT GENERATION LLC - SERIES P ACCESS

SEC Filing Record
Offering Amount
$15.0M
$13.5M raised
Strategy
Other
Exemption
06b
Date Filed
Jun 05, 2026
0002138595-26-000001
View on SEC EDGAR →
37A Read

The 'Series P Access' designation signals a continuation vehicle or parallel feeder structure within a multi-tranche offering, where this $15M sleeve likely targets a specific LP cohort (retail, smaller check sizes, or late-stage commitments) separate from a primary Series P fund managed by the same GPs.

No prior EDGAR filings from Murphy or Caso indicate this is either a debut fund vehicle for this GP partnership or a first-time SEC filing after operating in private markets; the two-GP structure and 06b exemption (pre-existing relationships only) suggest a founder-led operation building on a closed network rather than an established manager with institutional distribution.

Filing in June 2026 during mid-year capital deployment cycles positions this raise to capture year-end LP commit flows and suggests the GPs are capitalizing on a window where Series P or later-stage vehicles are attracting capital before Q3 portfolio rebalancing and year-end planning pressure.

Verify whether a Series P primary fund exists and has already closed above $15M; if so, confirm the fee and carry split between Series P and this Access sleeve and check for any key-person dependencies on Murphy or Caso that would trigger LP consent or withdrawal rights in the event of GP transition.

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

Unlock Pro · $29/month → Sign in
Principals
General Partners & Executives
Michael Murphy Michael Caso