Frequently asked questions

Investment

Which specific funds are you investing in with each manager? What is the return profile of those funds?

Poolit Imagine Fund I (venture capital) - median historical return of managers is 35%.
- Greycroft Early Stage VII
- Greycroft Growth IV
- Bain Capital Ventures Co-Investment Fund III
- Coatue Ventures Fund III
- Fireworks Venture I (Lead Partner spent 10 years at Social Capital)

Poolit Horizon Fund I (private equity) - median historical return of managers is 22%
- CD&R Fund XII
- Kohlberg X
- Reverence Capital Partners Fund III

Do you pay fees to the underlying fund managers?

Most private equity and venture capital fund managers charge 2% management fees and 20% performance fees (a profit share after they hit a certain return level).

The median historical return of managers in the Imagine Fund after these fees, is 35%. The median historical return of managers in the Horizon Fund is 22%.

Past performance is not indicative of future results. That said, if investors had invested through Poolit in the above, assuming the fund returned at that median rate, investors would have still achieved great returns of 20%+ in the PE find and 33%+ in the VC fund.

Is there a minimum allocation?

Poolit has no minimums. We are on a broader mission to make these asset classes more accessible. Most funds in our portfolio have minimums of $1m+.

The average allocation to our funds is ~$100k.

How long is my money invested?

Venture capital and private equity funds typically have a lifetime of 7+ years.

You can sell your position in Poolit to another accredited investor or qualified purchaser at any time by contacting our team.

After a one-year lock-up period, the Horizon Fund and Imagine Fund are able to repurchase shares on a quarterly basis at the discretion of its Board.

As Poolit receives money from underlying funds it will issue dividends to investors in those funds.

What are your fees and what do you use them for?

Poolit takes a 1% management fee to fund our operations which include significant legal and compliance cost given our funds are registered investment companies – which are deeply regulated by the SEC.

We pay our subadvisor, Meketa, a 0.375% fee for the work they do to help us conduct institutional grade diligence including activities like: on-site meetings and inspections, performing reference checks, reviewing and benchmarking investment tack records, and completing comprehensive DDQs. This list is not exhaustive.

The full diligence process takes ~2 months. Poolit has a dedicated 4 person team from our subadvisor and are able to tap into the broader resources of the 50+ person global team.

What access are you enabling?

At this time all of the funds that we allocate to are only available to qualified purchasers. By pooling capital, Poolit becomes a qualified purchaser and allows accredited investors as well as qualified purchasers to invest in these underlying funds.

Poolit allocates money to a conviction-weighted diversified portfolio of managers across venture capital (through our Imagine Fund I) and private equity (through our Horizon Fund I).

Financial

Which specific funds are you investing in with each manager? What is the return profile of those funds?

Poolit Imagine Fund I (venture capital) - median historical return of managers is 35%.
- Greycroft Early Stage VII
- Greycroft Growth IV
- Bain Capital Ventures Co-Investment Fund III
- Coatue Ventures Fund III
- Fireworks Venture I (Lead Partner spent 10 years at Social Capital)

Poolit Horizon Fund I (private equity) - median historical return of managers is 22%
- CD&R Fund XII
- Kohlberg X
- Reverence Capital Partners Fund III

Do you pay fees to the underlying fund managers?

Most private equity and venture capital fund managers charge 2% management fees and 20% performance fees (a profit share after they hit a certain return level).

The median historical return of managers in the Imagine Fund after these fees, is 35%. The median historical return of managers in the Horizon Fund is 22%.

Past performance is not indicative of future results. That said, if investors had invested through Poolit in the above, assuming the fund returned at that median rate, investors would have still achieved great returns of 20%+ in the PE find and 33%+ in the VC fund.

Is there a minimum allocation?

Poolit has no minimums. We are on a broader mission to make these asset classes more accessible. Most funds in our portfolio have minimums of $1m+.

The average allocation to our funds is ~$100k.

How long is my money invested?

Venture capital and private equity funds typically have a lifetime of 7+ years.

You can sell your position in Poolit to another accredited investor or qualified purchaser at any time by contacting our team.

After a one-year lock-up period, the Horizon Fund and Imagine Fund are able to repurchase shares on a quarterly basis at the discretion of its Board.

As Poolit receives money from underlying funds it will issue dividends to investors in those funds.

What are your fees and what do you use them for?

Poolit takes a 1% management fee to fund our operations which include significant legal and compliance cost given our funds are registered investment companies – which are deeply regulated by the SEC.

We pay our subadvisor, Meketa, a 0.375% fee for the work they do to help us conduct institutional grade diligence including activities like: on-site meetings and inspections, performing reference checks, reviewing and benchmarking investment tack records, and completing comprehensive DDQs. This list is not exhaustive.

The full diligence process takes ~2 months. Poolit has a dedicated 4 person team from our subadvisor and are able to tap into the broader resources of the 50+ person global team.

What access are you enabling?

At this time all of the funds that we allocate to are only available to qualified purchasers. By pooling capital, Poolit becomes a qualified purchaser and allows accredited investors as well as qualified purchasers to invest in these underlying funds.

Poolit allocates money to a conviction-weighted diversified portfolio of managers across venture capital (through our Imagine Fund I) and private equity (through our Horizon Fund I).