Sweater Cashmere Fund
The Sweater Cashmere Fund aims for long-term capital appreciation through an actively managed, evergreen portfolio focused on private venture capital investments. It emphasizes consumer-focused and technology-related companies, investing in Seed to Series A rounds. With a low $500 minimum investment, it seeks broad diversification by including numerous investments, although the allocation to other funds increases overall investor fees.
- Sponsor: Sweater Industries LLC
- Asset type: Venture Capital
- Raising: $12,100,000
- Minimum Investment: $500
- Annualized distribution rate: 2.5%
- Legal: Greenberg Traurig, LLP
- Website: https://www.sweaterventures.com/cashmerefund
Contacts
About the deal sponsor
Sweater Industries LLC
Total invested: $12,100,000