Private Shares Fund - aVenture Asset Manager Research
Location
New York City, NY, US
The Private Shares Fund is a closed-end fund that focuses on investments in late-stage, venture-backed private companies. The fund aims to provide access to potentially high-growth firms that have traditionally been available only to institutional and high net worth investors. With a minimum investment requirement and no accreditation needed, the fund offers broader access to private market opportunities.
Notable portfolio companies include Betterment, Devoted Health, Fundbox, and Tradeshift. The fund's investment strategy targets companies across various stages, from Seed to Series F, with a concentration on later-stage rounds. By investing in companies that stay private longer, the Private Shares Fund seeks to capture value appreciation that occurs before these firms enter public markets.
Private Shares Fund - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
