A pre-IPO fund targeting exceptional companies and enhancing returns through complementary equity enhancements unavailable to most other funds
Fund targets:
- Pre-IPO companies with market dominance and highly defensible positions of strength
- Late stage companies with highly successful co-investors
- Through a unique mechanism CrossWork Midas enhances returns by providing access to complementary equity in compelling private companies
- ONLY for accredited investors and qualified institutions . i.e. Annual income over $200k ($300k combined with a spouse) or net worth of $1 million either alone or combined with a spouse. Also includes certain family offices, trusts, entities and institutions with more than $5 million in assets
- No financial advice is provided herein. This is not an offer to buy or sell any securities.
CrossWork Midas Pre-IPO Fund
Summary
- For accredited investors only. ie those with annual income over $200k ($300k combined with a spouse) or net worth of $1 million alone (or combined with a spouse) or certain family offices, trusts, entities and institutions with more than $5 million in assets
- CrossWork invests in pre-IPO companies. Provides investors stock allocation in CrossWork emerging companies to further enhance returns
- Guided by an advisory team of 50+ advisory board members: Backgrounds from Goldman Sachs, Stripe, MidasLP, VC funds and C-suite senior execs from Fortune 500 companies
-
Aims to provide superior returns to investors by combining traditional pre-IPO with bonus emerging company / accelerator returns
- Extensive pre-IPO track record over more than 20 years
- We are seeing solid growth in the number of compelling and available pre-IPO opportunities with strong return potential. However past results are no guarantee of future performance and investments in private companies are illiquid and risky with the potential for loss of all capital
Model
We aim to provide superior returns to investors through strong, sound core investments and an “unfair” method of allocating equity from our emerging companies non-fund holdings to our pre-IPO portfolio.
Pre-IPO
returns
IPO returns + pre-IPO yield
Emerging company
returns
CrossWork allocates a percentage of emerging company returns to the CrossWork pre-IPO fund on a complimentary basis
Superior
expected returns
Targeted annualized returns
Time Horizon Expectations
Consistent with pre-IPO opportunities we aim to commence
capital returns upon portfolio company liquidity events
Emerging Companies' Equity
Our Core Investment Process Allows Us To Enhance Returns
Through Our Holdings In Emerging Companies
Thousands of companies contact CrossWork or are contacted by CrossWork each year
Deal Flow Due Diligence
30-40 Emerging
Companies / Potential
Investments
10-20
Investments
-
Many companies do not pass our due diligence processes, tests and filters
-
Emerging companies are compelling companies, meeting strict criteria but too small to go public or be acquired in the short term: Excellent performance and strong management teams that our advisory board can potentially help scale substantially
- Pre-IPO investments pass a VERY high hurdle. Generally speaking, late-stage companies with solid management teams and hands-on co-investors with strong niche track records.
Emerging Equity
Emerging Equity Returns Provide An Attractive Enhancement
2% to 10%
Est. Equity In Emerging Equity Companies
$0
General Cash Cost Of Investment
High
Targeted Return On Investment
10+
Number Of Targeted Companies
Assisting Portfolio Companies
IBM And Amazon have agreed to provide CrossWork
companies a significant level of complimentary cloud hosting and related credits
