Sideline Group Fund I Amends Exempt Offering Notice, Confirms 3(c)(1) Status

TL;DR

**Sideline Group Fund I just updated its private offering filing, confirming it's a 3(c)(1) fund.**

AI Summary

Sideline Group Fund I, L.P. filed an amended Form D/A on March 24, 2026, updating its notice of exempt offering. This filing indicates the fund operates under Section 3(c)(1) of the Investment Company Act, meaning it has fewer than 100 investors and is exempt from SEC registration. For investors, this matters because it confirms the fund's private nature and its exemption from certain regulatory oversight, which can imply higher risk due to less transparency compared to registered funds.

Why It Matters

This filing confirms Sideline Group Fund I, L.P.'s status as a private fund, meaning it's not subject to the same public disclosure requirements as registered investment companies, which can impact transparency for potential investors.

Risk Assessment

Risk Level: medium — The fund's 3(c)(1) status means it's exempt from SEC registration, which typically implies less regulatory oversight and potentially higher risk for investors due to reduced transparency.

Analyst Insight

Investors should note that Sideline Group Fund I, L.P. operates as a private fund under a 3(c)(1) exemption, meaning it has less public disclosure than registered funds. This implies a need for thorough due diligence if considering investment, as regulatory oversight is reduced.

Key Numbers

• 2026-03-24 — Filing Date (the date the D/A form was filed and accepted)
• 3(c)(1) — Investment Company Act Section (the specific exemption under which the fund operates, indicating fewer than 100 investors)

Key Players & Entities

• Sideline Group Fund I, L.P. (company) — the filer of the D/A form
• 0002045324 (company) — CIK of the filer
• Delaware (company) — state of incorporation for Sideline Group Fund I, L.P.
• 405 W 13TH ST FL5 NEW YORK NY (company) — business and mailing address of the filer

FAQ

Key Financial Figures

• $1 — enues   No Aggregate Net Asset Value   $1 - $1,000,000 $1 - $5,000,000   $1,000,
• $1,000,000 — No Aggregate Net Asset Value   $1 - $1,000,000 $1 - $5,000,000   $1,000,001 - $5,000,
• $5,000,000 — Net Asset Value   $1 - $1,000,000 $1 - $5,000,000   $1,000,001 - $5,000,000   $5,000,001
• $1,000,001 — e   $1 - $1,000,000 $1 - $5,000,000   $1,000,001 - $5,000,000   $5,000,001 - $25,000,000
• $5,000,001 — $5,000,000   $1,000,001 - $5,000,000   $5,000,001 - $25,000,000 $5,000,001 - $25,000,000
• $25,000,000 — $1,000,001 - $5,000,000   $5,000,001 - $25,000,000 $5,000,001 - $25,000,000   $25,000,001
• $25,000,001 — $25,000,000 $5,000,001 - $25,000,000   $25,000,001 - $50,000,000 $25,000,001 - $100,000,0
• $50,000,000 — 5,000,001 - $25,000,000   $25,000,001 - $50,000,000 $25,000,001 - $100,000,000   $50,000,0
• $100,000,000 — 25,000,001 - $50,000,000 $25,000,001 - $100,000,000   $50,000,001 - $100,000,000   Over $1
• $50,000,001 — 0,000,000 $25,000,001 - $100,000,000   $50,000,001 - $100,000,000   Over $100,000,000   O

Filing Documents

• primary_doc.html (D/A)
• primary_doc.xml (D/A) — 6KB
• 0002045324-26-000002.txt ( ) — 7KB

From the Filing

Form D FORM D Notice of Exempt Offering of Securities UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. OMB APPROVAL OMB Number: 3235-0076 Estimated Average burden hours per response: 4.0 1. Issuer's Identity CIK (Filer ID Number) Previous Name(s) None Entity Type Corporation Limited Partnership   Limited Liability Company   General Partnership   Business Trust Other   Name of Issuer   Sideline Group Fund I, L.P. Jurisdiction of Incorporation/Organization DELAWARE   Year of Incorporation/Organization Over Five Years Ago Within Last Five Years (Specify Year) 2024 Yet to Be Formed           2. Principal Place of Business and Contact Information Name of Issuer   Sideline Group Fund I, L.P. Street Address 1 Street Address 2   405 W 13TH ST   FL5   NEW YORK   NEW YORK     10014   201-283-0588   3. Related Persons Last Name First Name Middle Name Sideline Group Fund I GP, LLC N/A Street Address 1 Street Address 2   405 W 13TH ST     FL5   NEW YORK   NEW YORK   10014   Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) The general partner of the Issuer (the "General Partner") Last Name First Name Middle Name Mazlin Gregory Street Address 1 Street Address 2   c/o Sideline Group Fund I GP, LLC     405 W 13TH ST, FL5   NEW YORK   NEW YORK   10014   Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) The Managing Member of the General Partner 4. Industry Group   Agriculture Banking & Financial Services     Commercial Banking     Insurance   Investing     Investment Banking     Pooled Investment Fund Hedge Fund Other Investment Fund Private Equity Fund Venture Capital Fund *Is the issuer registered as an investment company under the Investment Company Act of 1940? Yes  No   Other Banking & Financial Services   Business Services Energy     Coal Mining     Electric Utilities     Energy Conservation     Environmental Services     Oil & Gas     Other Energy Health Care     Biotechnology     Health Insurance     Hospitals & Physicians     Pharmaceuticals     Other Health Care                         Manufacturing Real Estate   Commercial   Construction   REITS & Finance   Residential Other Real Estate   Retailing Restaurants Technology   Computers   Telecommunications   Other Technology Travel   Airlines & Airports   Lodging & Conventions   Tourism & Travel Services   Other Travel Other        5. Issuer Size Revenue Range Aggregate Net Asset Value Range No Revenues   No Aggregate Net Asset Value   $1 - $1,000,000 $1 - $5,000,000   $1,000,001 - $5,000,000   $5,000,001 - $25,000,000 $5,000,001 - $25,000,000   $25,000,001 - $50,000,000 $25,000,001 - $100,000,000   $50,000,001 - $100,000,000   Over $100,000,000   Over $100,000,000   Decline to Disclose   Decline to Disclose   Not Applicable   Not Applicable   6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply) Rule 504(b)(1) (not (i), (ii) or (iii)) Rule 506(b)         Rule 504 (b)(1)(i) Rule 506(c) Rule 504 (b)(1)(ii) Securities Act Section 4(a)(5) Rule 504 (b)(1)(iii) Investment Company Act Section 3(c) Section 3(c)(1) Section 3(c)(9) Section 3(c)(2) Section 3(c)(10) Section 3(c)(3) Section 3(c)(11) Section 3(c)(4) Section 3(c)(12) Section 3(c)(5) Section 3(c)(13) Section 3(c)(6) Section 3(c)(14) Section 3(c)(7)     7. Type of Filing   New Notice Date of First Sale   2024-12-05   First Sale Yet to Occur   Amendment     8. Duration of Offering Does the Issuer intend this offering to last more than one year?   Yes   No     9. Type(s) of Securities Offered (select all that apply) Pooled Investment Fund Interests Equity Tenant-in-Common Securities Debt Mineral Property Securities Option, Warrant or Other Right to Acquire Another Security Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security Other (describe)       10. Business Combination Transaction Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?   Yes   No Clarification of Response (if Necessary)       11. Minimum Investment Minimum investment accepted from any outside investor $   0 USD 12. Sales Compensation Recipient   Recipient CRD Number None     (Associated) Broker or Dealer None (Associated) Broker or Dealer CRD Number  None     Street Address 1 Street Address 2             13. Offering and Sales Amounts   Total Offering Amount $ 139425000 USD Indefinite Total Amount Sold $ 139425000 USD Total Remaining to be Sold $ 0 USD Indefinite Clarification of Response (if Necessary) Amounts reported in Item 13 above include the capital commitment of the General Partner.   14. Investors Select if securities in the offering have been or may be sold to persons who do

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