New Fund Targets Large, Late-Stage Venture-Backed "Unicorns"

APPLETON, Wisc., Oct. 18, 2017 /PRNewswire/ -- Endowment Wealth Management, Inc. has announced the launch of its EWM Unicorn Technology Fund. The private fund is seeking to raise up to $25 million to capitalize on what its management team sees as opportunities in the secondary market for private, late-stage venture capital technology companies. Such firms are often referred to as unicorns due to their rarity and size. The Fund manager will seek to build a diversified portfolio of companies that it believes may experience a liquidity event in the next 2-4 years. The Unicorn Technology Fund is currently fully invested across six such companies and the manager intends to add additional investments as the Fund grows.

"Several important factors have converged to create what we believe to be an optimal window for investors to consider investing in late-stage private tech companies," says Prateek Mehrotra, Chief Investment Officer of Endowment Wealth Management. "Our lives are increasingly being impacted by disruptive technologies. Thus, there is a stable of high-growth companies with innovative ideas providing investors with unique opportunities. There has also been a change in the tech investing landscape. An increasing percentage of value is being created while companies remain private longer. Thus, investors waiting for an IPO may be missing out on a significant portion of the growth phase of these companies. Unfavorable market conditions in recent years have limited IPO activity, and a backlog of companies waiting to go public has increased. Current conditions, such as rising equity markets, relatively low interest rates, and a growing economy create an improved environment which we believe will facilitate more companies to debut in the public markets. From a supply standpoint, the extended time companies remain private are creating a need or desire to obtain some level of liquidity. Thus, a secondary market where we can access supply has expanded."

"The Unicorn Technology Fund was created to leverage the experience of the management team and knowledge in the venture capital and secondary market space. Late-stage venture capital investing is not about seeking home runs- it's about capturing a bump in valuation that can often occur when a firm is acquired or goes public. Such investing is not without risk. We think that some of this risk can be mitigated by buying a diversified portfolio of established companies, being selective, and by seeking to acquire shares at prices discounted from the respective companies' last round of financing," said Mehrotra.

The Unicorn Technology Fund is available only for accredited investors meeting certain income and net worth requirements.

Investment Risks
Venture capital investing involves risk, including risk of your entire investment and is not suitable for all investors- even accredited ones. Different types of investments involve varying degrees of risk, and this fund involves substantial risk of loss, including loss of all capital invested. There are a significant number of factors that could cause the actual benefits and expectations with respect to the fund to differ materially from the statements made in this press release, including the ability to identify and manage investment opportunities. You should not assume that any of the above content serves as the receipt of, or as a substitute for personalized investment advice. Investors should with their financial and tax advisors before considering an investment. Past performance may not be indicative of future results. Current holdings may change at any time without notice. Content is not an offering or solicitation to buy securities. This offering can only be made by the private placement memorandum.

About Endowment Wealth Management, Inc.
Endowment Wealth Management, Inc. is a Registered Investment Adviser (RIA) headquartered in Appleton, WI with offices in Milwaukee and Chicago. The firm provides advisory services as a fee-based fiduciary to high net worth families, retirement plans, and institutions. Registration does not imply a certain level of skill or training. For more information about Endowment Wealth Management, Inc., please visit www.EndowmentWM.com.

Contact:
Prateek Mehrotra, MBA, CFA^®, CAIA^®
920.785.6010
[email protected]

SOURCE Endowment Wealth Management, Inc.

Related Links

http://www.EndowmentWM.com