Business Line 02

Private Funds

Pre-IPO and private market exposure with more liquidity, lower minimums, and an operator's perspective on every investment decision.

Informational only. Not investment advice. Nothing here is an offer or solicitation.

Track Record

Previous fund performance vs. benchmarks.

Both completed funds outperformed public market benchmarks over their respective hold periods. Past performance does not guarantee future results.

FundPeriodReturnS&P 500NDQ 100
Fund I — AirDAO
High Risk
Nov 21 – Apr 23 +73.2% -10% -20%
Fund II — Opportunistic
High Risk
Jan 22 – Jan 24 +41.78% +6% +8%

Unaudited. Informational only.

Cumulative Return Comparison (%)
Fund I
Fund II
Asteria Fund
S&P 500
NDQ 100

Investment Thesis

Private markets are becoming the new public markets.

U.S. public equities are increasingly overvalued. Companies are staying private longer, and the best returns are being captured before IPO — by investors with access, diligence capability, and operator networks.

Our current fund deploys into a diversified set of pre-IPO positions, secondary transactions, and selective private market exposures. Lower minimums and more liquidity than conventional private equity structures.

Details shared in appropriate contexts only. Accredited investors.

Why Private Markets Now
Public markets increasingly overvalued

Shiller PE ratios for U.S. equities remain historically elevated. The best risk-adjusted returns now live outside public exchanges.

Better entry prices pre-IPO

Access to high-growth companies before public market pricing. Privileged entry vs. retail and late institutional investors.

More liquid than traditional PE

Access to the secondary shareholder market. Lower minimums than conventional PE with comparable exposure.

Operator-grade diligence

Every position underwritten operationally — not just financially. Unit economics, team quality, execution track record.

Investment Process

How we underwrite every position.

Source
Deal Origination & Screening
Diligence
Operational & Financial Review
Model
Downside-First Underwriting
Decision
Investment Committee Approval
Monitor
Active Position Management

Accredited Investors

Interested in our current fund?

Details are shared selectively. Please include brief context on your investment background.

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