Carnegie Venture fund
INVESTS IN TOP TIER, ACCESS CONSTRAINED, venture capital MANAGERS.
About the fund
Carnegie Venture Fund is an evergreen Venture Capital fund of fund which provides investors with the opportunity to invest in a mature portfolio. The fund offers investors access to a top-quartile portfolio with long (+17 years) track record. The ambition is to outperform public indices by 500 basis points over time, and this objective has been accomplished with success.
The fund seeks scale positions with a limited number of established firms, while balancing this exposure with a larger number of smaller investments with newer firms. Carnegie Venture Fund AB has access to world leading tech companies exemplified by Moderna, Databricks, Eikon Therapeutics and Snowflake.
Compelling benefits
- The fund is designed to enable an investor seeking to increase exposure to Venture Capital assets to be fully invested in mature private assets from the outset. Building a well-diversified Venture Capital portfolio from scratch takes several years, with negative returns in the early years while the portfolio reaches maturity.
- Venture Capital, as an asset class, is one of the most access constrained with the elite managers raising small pools of capital. Furthermore, most of the leading venture capital managers have built a reliable and consistent investor base over the years, effectively minimizing most or all of the natural turnover of the investor base. This provides a huge advantage to incumbent asset managers who have developed long-term relationships with the leading firms over the years.
- Venture Capital investing does not lend itself to market timing and rewards patience and a long-term approach. Leading private companies can take years to build and many of today’s leaders were founded years ago with the support of Venture Capital funding.
Fund facts
| Fund Managers | 38 |
| Fund Types | Seed, Early Stage, Late Stage, Growth Equity |
| Vintages | 17 |
Contact
Filip Stenberg
Investor Relations
+46 721 589 569
Filip.stenberg@carnegiefonder.se
