OpenVC™ Announces Close of OPEN Unicorn Fund, Expanding Access to Private Market Leaders
Fund offering met with strong demand from private wealth channel, funds of funds and other large pools of capital
Demand underscores growing investor demand for systematic exposure to late-stage, venture-backed companies staying private for longer
OpenVC™, a pioneer in private market indexing, today announced the successful close of the OPEN Unicorn® Fund, marking a significant milestone in the firm’s mission to broaden access to the world’s most influential privately held companies.
The Fund provides diversified, rules-based exposure to 20 of the largest late-stage, venture-backed “unicorns,” companies valued at $1 billion of more, through OpenVC™’s proprietary indexing approach. By systematically tracking the largest and most impactful private companies, the strategy aims to give investors a more complete view of the innovation and economic growth happening outside public markets.
