Sweater

Sweater describes itself as the venture capital fund for everyone. It is the registered investment adviser and operating infrastructure behind a set of public funds, so that accredited and non-accredited investors can both take part in private markets. Its stated mission is to bring investors, founders and companies closer together.

Services

• Public interval funds: venture capital, private equity, commercial real estate and private credit exposure in a fund structure with controlled repurchase windows.
• Fund launch service: regulation, technology and operations handled for partners who want to run a fund for their own community.
• Investor platform: a web-based sign-up experience with real-time fund performance.
• Structure: several funds, one adviser and independent sub-advisers.

Who it serves

Community builders and fund partners, and retail investors with no accreditation requirement.

Key facts

• Funds: five SEC-registered funds under its advice
• Experience: about five years advising public alternative investment structures
• Structure: evergreen funds with no fixed end date