Closed-end funds that invest in private companies
6 of the 361 U.S. closed-end funds we cover invest in private companies.
They are run by 4 firms; the largest are RiverNorth (2), Robinhood (2) and BlackRock (1).
None of the investors we follow is pushing for changes at any of them right now.
Yearly costs run from 1.5% to 4.5%.
6 funds
Sort by: name · yearly cost · borrowing · size
- BTX - BlackRock Technology & Private Equity Term Trust
Run by BlackRock. Invests in private companies. Costs 1.5% a year. Borrows 3%. - DXYZ - Destiny Tech100
Run by Destiny. Invests in private companies. Costs 4.5% a year. Does not borrow. - UNIU - RiverNorth Long Prime Unicorn Fund I
Run by RiverNorth. Invests in private companies. - UNID - RiverNorth Short Prime Unicorn Fund I
Run by RiverNorth. Invests in private companies. - RVI - Robinhood Ventures Fund I
Run by Robinhood. Invests in private companies. Costs 2.7% a year. Does not borrow. - RVII - Robinhood Ventures Fund II
Run by Robinhood. Invests in private companies.
Details: the same funds as a table
| Fund | Yearly cost | Borrowing | Size |
|---|---|---|---|
| BTX - BlackRock Technology & Private Equity Term Trust | 1.5% | 3% | $1.23 billion |
| DXYZ - Destiny Tech100 | 4.5% | none | $1.63 billion |
| UNIU - RiverNorth Long Prime Unicorn Fund I | not filed yet | not filed yet | not filed yet |
| UNID - RiverNorth Short Prime Unicorn Fund I | not filed yet | not filed yet | not filed yet |
| RVI - Robinhood Ventures Fund I | 2.7% | none | $682 million |
| RVII - Robinhood Ventures Fund II | not filed yet | not filed yet | not filed yet |