DFX Intelligence
South Park Commons Strategic III a Series of CGF2021 LLC
SPV or co-invest vehicle· Delaware
As of · the latest observation of this vehicle; each figure below carries its own filing date
Newly closedClosed to new capitalADV: Venture Capital Fundmanager not yet resolvedSingle-purpose vehicle
A single-purpose vehicle, usually formed for one deal.
As of · the latest observation of this vehicle; each figure below carries its own filing date
What matters now
- $155Ksold at the filing
Latest Form D filed on 5 Jan 2026: $155K sold of $155K offered, 1 investor. A Form D amount is what was sold at the filing, never a final close.
A new or amended Form D means the vehicle is taking money now.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2025basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- $154,500what may be sold, not what was raised; file 021-568799, sworn by the adviser or filed under this vehicle
- Form D sold
- $154,500as of the filing of Jan 5, 2026, 1 investor
- First sale
- Dec 15, 2025
- Reported GAV
- $149,935on the Form ADV filed Mar 30, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 2
- Reported on ADV
- unknown
Fundraising evidenceWhat counts as raisingA Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Closed to new capital
Form D filed or amended 2026-01-05: the stated $154,500 offering reported fully sold (fr-1)
evidence dated Jan 5, 2026.
LifecycleNewly closed
first sale within 24 months; Form D sold out or quiet
first sale: Dec 15, 2025vintage year: 2025adv gav as of: Mar 30, 2026vintage basis: Form d first saleform d sold: $154,500form d offering: $154,500form d latest filed at: Jan 5, 2026
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2026 | Venture Capital Fund | $149,935 | 2 | 0% |
Principals and agents
2 principals on Form D, 0 placement agents
- LLC Sydecar Director
- Brett Sagan Executive Officer
Service providers
2 named on Form ADV Schedule D and Form D
- AdministratorSYDECAR LLC · HOUSTON, Texas, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianSYDECAR LLC · HOUSTON, Texas, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performanceWhose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).
0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Known LPs and allocatorsWhat these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.
0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
2 events
- Mar 30, 2026South Park Commons Strategic III, a Series of Cgf2021 LLC first reported on Form ADV by South Park Commons Management (Venture Capital Fund), GAV $149,935Fund first reported on Form ADV Inference Form ADV
- Jan 5, 2026South Park Commons Strategic III a Series of CGF2021 LLC filed Form D: $154,500 sold of $154,500, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Jan 5, 2026 Fact Form D
- Form D fund type: Venture Capital Fund Jan 5, 2026 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 5, 2026 Fact Form D
- Amendment: false Jan 5, 2026 Fact Form D
- Revenue range (Form D): Decline to Disclose Jan 5, 2026 Fact Form D
- Incorporated: withinFiveYears Jan 5, 2026 Fact Form D
- Jurisdiction: Delaware Jan 5, 2026 Fact Form D
- Amount sold (Form D): $154,500 Jan 5, 2026 Fact Form D
- Offering amount (Form D): $154,500 Jan 5, 2026 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Jan 5, 2026 Fact Form D
- First sale: 2025-12-15 Jan 5, 2026 Fact Form D
- Investors (Form D): 1 Jan 5, 2026 Fact Form D
- Minimum investment (Form D): 0 Jan 5, 2026 Fact Form D
- Securities offered: pooled Jan 5, 2026 Fact Form D
- Office address: Jan 5, 2026 Fact Form D
- Year of incorporation: 2025 Jan 5, 2026 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
South Park Commons Strategic III a Series of CGF2021 LLC is the same institution as 1 record in RIA and Wealth.
RIA and Wealth1
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2026-03-30source on record
- Form D filed2026-01-05source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.