The Cashmere Fund Collaborates with Apex Fintech Solutions to Expand Retail Access to High-Growth Venture Opportunities
The Cashmere Fund (NASD: CSHMX), a venture capital interval fund, announced a strategic collaboration with Apex Clearing (Apex), aimed at expanding retail access to high-growth venture opportunities. This partnership will enable The Cashmere Fund to be offered to clients of an Apex-supported brokerage in early 2025, with additional distribution alliances planned later this year.
Designed for both retail and institutional investors, The Cashmere Fund is the first direct-to-consumer venture capital fund, accepting new capital daily with a minimum investment of $500. Since inception, it has made over 35 investments in sectors like consumer goods, consumer technology, financial technology, health technology, and software.
The Fund offers liquidity through semi-annual redemption windows and annual distributions. Launched in 2022 by Sweater Ventures, it currently has over 5,000 investors. In 2024, Cashmere, an affiliate of Forma Capital, was named sub-advisor, assuming responsibilities for fundraising, marketing, and capital deployment.
This collaboration aims to democratize access to high-potential investment opportunities, empowering retail investors with minimal investment barriers and regular liquidity opportunities.
Il Cashmere Fund (NASD: CSHMX), un fondo di capitale di rischio a intervallo, ha annunciato una collaborazione strategica con Apex Clearing (Apex), mirata ad ampliare l'accesso al dettaglio a opportunità di venture ad alta crescita. Questa partnership permetterà al Cashmere Fund di essere offerto ai clienti di un brokeraggio supportato da Apex all'inizio del 2025, con alleanze di distribuzione aggiuntive pianificate per la fine di quest'anno.
Progettato sia per investitori al dettaglio che istituzionali, il Cashmere Fund è il primo fondo di capitale di rischio diretto ai consumatori, accettando nuovi capitali quotidianamente con un investimento minimo di $500. Dalla sua nascita, ha effettuato oltre 35 investimenti in settori come beni di consumo, tecnologia per il consumatore, tecnologia finanziaria, tecnologia sanitaria e software.
Il Fondo offre liquidità attraverso finestre di rimborso semestrali e distribuzioni annuali. Lanciato nel 2022 da Sweater Ventures, attualmente conta oltre 5.000 investitori. Nel 2024, Cashmere, un affiliato di Forma Capital, è stato nominato sub-consulente, assumendo le responsabilità per la raccolta fondi, il marketing e l'impiego di capitale.
Questa collaborazione punta a democratizzare l'accesso a opportunità di investimento ad alto potenziale, dando potere agli investitori al dettaglio con barriere minime all'investimento e opportunità di liquidità regolari.
El Cashmere Fund (NASD: CSHMX), un fondo de capital de riesgo a intervalos, anunció una colaboración estratégica con Apex Clearing (Apex), con el objetivo de expandir el acceso minorista a oportunidades de capital de riesgo de alto crecimiento. Esta asociación permitirá que el Cashmere Fund esté disponible para los clientes de un bróker apoyado por Apex a principios de 2025, con alianzas de distribución adicionales previstas para finales de este año.
Diseñado tanto para inversores minoristas como institucionales, el Cashmere Fund es el primer fondo de capital de riesgo directamente dirigido a los consumidores, aceptando nuevos capitales diariamente con una inversión mínima de $500. Desde su inicio, ha realizado más de 35 inversiones en sectores como bienes de consumo, tecnología de consumo, tecnología financiera, tecnología de la salud y software.
El Fondo ofrece liquidez a través de ventanas de reembolso semestrales y distribuciones anuales. Lanzado en 2022 por Sweater Ventures, actualmente tiene más de 5,000 inversores. En 2024, Cashmere, una filial de Forma Capital, fue nombrado subasesor, asumiendo responsabilidades en la recaudación de fondos, marketing y despliegue de capital.
Esta colaboración tiene como objetivo democratizar el acceso a oportunidades de inversión de alto potencial, empoderando a los inversores minoristas con barreras mínimas de inversión y oportunidades regulares de liquidez.
캐시미어 펀드(NASD: CSHMX)는 벤처 자본 간격 펀드로, 에이펙스 클리어링(Apex)과 전략적 협력 관계를 발표했습니다. 이 협력은 고성장 벤처 기회에 대한 소매 접근성을 확대하기 위한 것입니다. 이 파트너십을 통해 캐시미어 펀드는 2025년 초에 에이펙스가 지원하는 중개업체의 고객에게 제공될 예정이며, 올해 말에는 추가 배급 제휴가 계획되어 있습니다.
소매 및 기관 투자자 모두를 위해 설계된 캐시미어 펀드는 소비자에게 직접 제공되는 최초의 벤처 자본 펀드로, 하루에 새로운 자본을 수용하며 최소 투자액은 $500입니다. 발족 이후로 소비재, 소비 기술, 금융 기술, 건강 기술 및 소프트웨어와 같은 분야에 35건 이상의 투자를 진행했습니다.
펀드는 반기별 상환 기회를 통해 유동성을 제공하며 연간 분배를 실시합니다. 2022년에 스웨터 벤처스에 의해 출시된 이 펀드는 현재 5,000명 이상의 투자자를 보유하고 있습니다. 2024년에는 포르마 캐피탈의 제휴사인 캐시미어가 서브 어드바이저로 지정되어 자금 조달, 마케팅 및 자본 배분의 책임을 맡게 되었습니다.
이 협력의 목표는 투자 장벽을 최소화하고 정기적인 유동성 기회를 제공함으로써 소매 투자자들이 높은 잠재력의 투자 기회를 민주화하는 것입니다.
Le Cashmere Fund (NASD: CSHMX), un fonds de capital-risque à intervalles, a annoncé une collaboration stratégique avec Apex Clearing (Apex), visant à élargir l'accès des détaillants aux opportunités de capital-risque à forte croissance. Ce partenariat permettra au Cashmere Fund d'être proposé aux clients d'une société de courtage soutenue par Apex au début de 2025, avec des alliances de distribution supplémentaires prévues pour la fin de cette année.
Conçu pour les investisseurs particuliers et institutionnels, le Cashmere Fund est le premier fonds de capital-risque directement destiné aux consommateurs, acceptant de nouveaux capitaux quotidiennement avec un investissement minimum de 500 $. Depuis sa création, il a réalisé plus de 35 investissements dans des secteurs tels que les biens de consommation, la technologie des consommateurs, la technologie financière, la technologie de la santé et les logiciels.
Le Fonds offre de la liquidité par le biais de fenêtres de rachat semestrielles et de distributions annuelles. Lancé en 2022 par Sweater Ventures, il compte actuellement plus de 5 000 investisseurs. En 2024, Cashmere, une filiale de Forma Capital, a été nommée sous-conseillère, assumant des responsabilités pour la collecte de fonds, le marketing et le déploiement de capital.
Cette collaboration vise à démocratiser l'accès aux opportunités d'investissement à fort potentiel, en donnant aux investisseurs particuliers un accès avec des barrières d'entrée minimales et des opportunités de liquidité régulières.
Der Cashmere Fund (NASD: CSHMX), ein Risikokapital-Intervallfonds, gab eine strategische Zusammenarbeit mit Apex Clearing (Apex) bekannt, die darauf abzielt, den Einzelhandelszugang zu Wachstumschancen im Risikokapital zu erweitern. Diese Partnerschaft ermöglicht es dem Cashmere Fund, Anfang 2025 den Kunden eines von Apex unterstützten Brokerhauses angeboten zu werden, wobei später in diesem Jahr weitere Vertriebsallianzen geplant sind.
Der Cashmere Fund wurde sowohl für private als auch institutionelle Investoren konzipiert und ist der erste Risikokapitalfonds, der direkt an Verbraucher gerichtet ist und täglich neues Kapital mit einer Minimalanlage von 500 $ akzeptiert. Seit seiner Gründung hat er über 35 Investitionen in Sektoren wie Konsumgüter, Konsumtechnologie, Finanztechnologie, Gesundheitstechnologie und Software getätigt.
Der Fonds bietet Liquidität über halbjährliche Rückgabefenster und jährliche Ausschüttungen. 2022 von Sweater Ventures gegründet, hat er mittlerweile über 5.000 Investoren. Im Jahr 2024 wurde Cashmere, ein Tochterunternehmen von Forma Capital, zum Unterberater ernannt und übernahm die Verantwortung für Fundraising, Marketing und Kapitalverwendung.
Diese Zusammenarbeit zielt darauf ab, den Zugang zu hochpotenziellen Investitionsmöglichkeiten zu demokratisieren und Einzelinvestoren mit niedrigen Investitionsbarrieren und regelmäßigen Liquiditätsmöglichkeiten zu stärken.
- Strategic collaboration with Apex Fintech Solutions to expand retail access.
- Planned availability to clients of an Apex-supported brokerage in early 2025.
- First direct-to-consumer venture capital fund with a minimum investment of $500.
- Over 35 investments in high-growth sectors since inception.
- Fund offers semi-annual redemption windows and annual distributions.
- None.
Insights
This strategic collaboration between The Cashmere Fund and Apex Fintech Solutions represents a significant democratization of venture capital investing. The partnership's core innovation lies in its $500 minimum investment threshold and daily capital acceptance structure, dramatically lowering barriers to entry for retail investors seeking venture capital exposure.
The fund's semi-annual redemption windows and annual distributions create a unique liquidity structure rarely seen in venture capital investments. This hybrid model bridges the gap between traditional VC illiquidity and retail investors' need for more flexible exit options. The fund's portfolio of 35+ investments across high-growth sectors suggests a diversified approach that could help mitigate single-company risks typically associated with venture investments.
The timing of this collaboration, planned for early 2025 through a major Apex-supported brokerage, positions it to capitalize on growing retail investor demand for alternative investments. The evergreen structure allows for continuous capital inflow, potentially enabling better deal flow and follow-on investment capabilities compared to traditional closed-end venture funds.
The distribution strategy through Apex's platform represents a pivotal shift in venture capital accessibility. Apex's extensive network of fintech and brokerage partners creates a powerful distribution channel that could significantly accelerate The Cashmere Fund's asset gathering capabilities. The platform integration model suggests a streamlined, tech-enabled investment process that aligns with modern retail investor expectations.
The fund's current base of 5,000 investors provides proof of concept for retail venture capital demand. The partnership with Apex could exponentially expand this reach through established brokerage channels. The management team's diverse background spanning sports, entertainment and technology creates unique value-add opportunities for portfolio companies beyond just capital investment.
As a new addition to the Apex platform, the Fund is set to be offered to clients of a leading Apex-supported brokerage in early 2025, with more distribution alliances planned later this year.
The Cashmere Fund is the first direct-to-consumer venture capital fund, designed to accommodate all investors regardless of status. As an evergreen fund, it accepts new capital on a daily basis with a minimum investment of just
“We are proud to collaborate with Apex Fintech Solutions, an organization that has been at the forefront of innovation in the same manner as we have,” said Elia Infascelli, Partner and CEO of Cashmere. “Apex has built institutional-quality solutions for investment platforms that serve retail investors and the philosophical alignment between us makes for an ideal collaboration. We are bringing venture capital to retail investors through our highly accessible fund structure, and this alliance will allow the Fund to reach even more investors, scaling its assets to further support more ambitious companies and entrepreneurs.”
The Cashmere Fund primarily invests in early and growth stage companies, as well as growth stage secondaries. Retail and institutional investors alike can currently invest in the Fund in a matter of minutes by visiting TheCashmereFund.com. The Fund offers liquidity through semi-annual redemption windows and annual distributions.
“In recent years, investors from all walks of life have been eager to invest in high growth companies, but access has been limited,” said Connor Coughlin, Chief Commercial Officer, Apex Fintech Solutions. “Through our strategic alliance with The Cashmere Fund, Apex is excited to democratize these high-potential investment opportunities. Our innovative platform will empower our brokerage and fintech partners to offer their clients exposure to groundbreaking companies with minimal investment barriers and regular liquidity opportunities. This collaboration exemplifies our commitment to democratizing investing for all.”
The Cashmere Fund was launched in 2022 by Sweater Ventures and currently has over 5,000 investors. In 2024, Cashmere, an affiliate of venture investor Forma Capital and a registered investment advisor, was named as sub-advisor for the Fund and assumed fundraising, marketing, and capital deployment responsibilities. Sweater continues to oversee investor relations, compliance and asset valuation functions.
The Cashmere Fund is led by portfolio managers Mr. Infascelli and Mary Owen, and partners Josh Feine, Bruce Popko and Ari Schottenstein. Collectively, the team brings decades of executive experience in the sports, entertainment, venture capital, investment banking, and technology industries. In addition to making new investments, the Cashmere team leverages its expertise in sales, marketing, and influential partnerships to help grow existing companies in the Fund’s portfolio.
Nothing herein shall be construed as a recommendation to buy or sell any security. While we have made every attempt to ensure that the information contained in this document has been obtained from reliable sources, Apex is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information in this document is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained due to the use of this information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability and fitness for a particular purpose. In no event will Apex be liable to you or anyone else for any decision made or taken in reliance on the information in this document or for any consequential, special or similar damages, even if advised of the possibility of such damages.
About The Cashmere Fund
The Cashmere Fund (Ticker: CSHMX), an evergreen interval fund, seeks to provide long-term capital appreciation through an actively managed portfolio of private, early-stage venture capital investments. The Fund’s portfolio managers leverage their networks of influence in the sports and entertainment industries to further compound and accelerate growth in the Fund’s portfolio companies. Learn more about The Cashmere Fund at www.thecashmerefund.com
About Apex Fintech Solutions
Apex Fintech Solutions is a fintech powerhouse enabling seamless access, frictionless investing, and investor education for all. Apex’s suite of scalable solutions fuel innovation and evolution for hundreds of today’s market leaders, challengers, change makers, and visionaries. The Company’s digital ecosystem creates an environment where clients with the biggest ideas are empowered to change the world. Apex works to ensure their partners succeed on the frontlines of the industry via bespoke solutions through its Apex Clearing™, Apex Advisor Solutions™, and Apex Silver™ brands. For more information, visit the Apex Fintech Solutions website: www.ApexFintechSolutions.com.
Apex Clearing Corporation, a wholly-owned subsidiary of Apex Fintech Solutions Inc., is an SEC registered broker dealer, a member of FINRA and SIPC, and is licensed in 53 states and territories. Securities products and services referenced herein are provided by Apex Clearing Corporation. FINRA BrokerCheck reports for Apex Clearing Corporation are available at: http://www.finra.org/brokercheck
View source version on businesswire.com: https://www.businesswire.com/news/home/20250121693748/en/
Cashmere Media Contact
Chris Gillick, ICR
Chris.Gillick@icrinc.com
Apex Media Contact
Cassie McGovern, Apex Fintech Solutions
press@apexfintechsolutions.com
Source: The Cashmere Fund
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