The registered interval fund is designed to give investors, regardless of accreditation status, exposure to the long-term growth of private asset managers.
The alternative investment manager has requested SEC approval for exchange-listed and tokenized share classes across three of its GP stakes and broader private markets funds.
ARK has outlined plans to list Class X shares on the Texas Stock Exchange under ARKV and offer a separate tokenized class, providing investors with additional liquidity options.
We highlight key features of the newly registered interval fund, which will combine public growth investments with private-market exposure, including secondaries and co-investments.
As of March, secondaries accounted for 48.2% of the tender offer fund's portfolio, according to EvergreenLink Data.
The interval fund targets venture companies through primary and secondary investments, and currently holds stakes in Kalshi, SpaceX, Databricks, and Runway AI.
Two CAZ funds are now available through the SoFi Invest platform, covering themes including GP stakes, professional sports, energy infrastructure, space, and defense.
The fund has already secured a $125 million anchor commitment from Beedie Capital following its acquisition of a 50% stake in Vistara.
The newly registered interval fund follows a GP stakes investment strategy similar to the recently launched CAZ GP Stakes Fund.
The registered interval fund expands the firm's GP stakes strategy to a wider audience, including investors without accredited status.
