Investment Overview
Strategy Description
We’re excited to introduce Natalie Hwang, founder of Apeira Capital, a long/short private markets fund investing in private technology companies through private company-based derivatives.
Highlights:
Potentially Attractive and Differentiated Fund Economics: By generating returns from startup gains and losses, Apeira unlocks an additional source of alpha unavailable to traditional private investment strategies enabling the Firm to offer amplified VC upside on reduced risk.
Differentiated Deal Flow: The ability to invest flexible capital to make investments that traditional venture firms either can’t or won’t positions Apeira to construct a portfolio of differentiated opportunities.
Target IRR: Assuming a min AUM of $100M, Apeira will seek to target a ~40.0% net IRR, reflecting a 4.2x multiple on invested capital.
Target Raise: $100M-$300M with a proven track record (59.8% net IRR, 4.6X MOIC) from a previous fund and the Founder bringing to bear 15+ years of investment experience from the venture capital and hedge fund industries.
