Own the breakout private companies before they list.
Late-stage growth equity in category-defining private companies. We build concentrated positions in the breakout private companies of this cycle — AI infrastructure, frontier software, and the hard-tech that underpins them — and give qualified investors access to late-stage growth equity that is otherwise difficult to reach.
- Target fund size
- $75M
- Minimum commitment
- $250K
- Target gross MOIC
- 2.5–3.5×
- Hold period
- 3–5 yrs
Concentrated. Late-stage. Conviction-led.
We take meaningful positions in a small number of category-defining private companies — already at scale, with durable revenue and a credible path to a public listing or strategic exit — sourced through primary rounds and vetted secondaries.
Every position is underwritten on fundamentals and entry price, not momentum. We concentrate capital where the company is the clear leader of its category and hold for three to five years through to a liquidity event.
Aligned, transparent, institutional.
Interested in Fund I?
Access to the data room and subscription is limited to verified accredited investors.