Curated access to late-stage private companies and pre-IPO allocations — sourced through operator networks, funds and secondaries.
We source, diligence and structure access to private companies that are typically within 12-36 months of a liquidity event — via primary rounds, secondaries, or dedicated feeder vehicles.
Our pipeline comes from relationships with late-stage funds, boutique PE shops, founder networks and employee-shareholder secondaries — not from public marketing.
Participate in the company's own capital raise alongside institutional investors.
Buy shares from existing employees, angels or early-stage funds seeking liquidity.
Pooled vehicles that aggregate capital to meet minimum allocation thresholds.
Ride alongside GPs into specific deals outside of their core fund structure.
Every opportunity that reaches clients has already passed a gated internal workflow.
Ideas surface through operator networks, late-stage GPs, boutique placement agents and direct secondaries, not through public marketing.
We kill 90%+ at this stage. Wrong sector, wrong valuation, wrong stage or wrong structure — fast no.
Financials, unit economics, cap table, governance, comparable exits. IC memo with thesis, risks and exit plan.
Allocation, share class, pricing, transfer restrictions, drag/tag rights and co-invest terms negotiated with counsel.
Quarterly updates to clients with financials, milestone progress, funding round news and thesis-relevant datapoints.
IPO lock-up strategy, trade sale participation, or secondary exit before liquidity event — decided deal-by-deal.
The chart shows representative first-day price movement on well-known recent IPOs — the window where private allocations typically realise or mark up. These are publicly available market events, not Katniss performance, and are shown purely to illustrate the asymmetry that pre-IPO positioning can offer.
Reality check: for every IPO that prints above range there are several that price below or get pulled. Our research process is designed to filter for the upside cases and size each position accordingly.
A short, boring checklist is usually the best protection against pretty storytelling.
Real customers, real renewals, real retention data. Not just a pipeline slide.
A founding team that has scaled something before — ideally within the same sector.
No hidden preferences, no unexplained dilution, no stacked liquidation waterfalls against us.
An identifiable path to liquidity within a reasonable window — IPO, trade sale, or secondary.
Short enquiry, no obligation. Our team reviews every submission and arranges a private conversation before anything moves forward.
