How we calculate what we publish.

Assets under management

We report AUM as the sum of two components, valued as follows:

Deployed capital, Investor capital invested into active offerings, carried at cost, the dollar amount invested, not an estimate of current market value. We use cost basis because early-stage private assets do not have reliable market prices, and we would rather understate than estimate. If an asset is sold or written down, the realized value replaces cost in the period it occurs.

Committed capital, Funds an investor has deployed into a specific active offering. This is capital that has left the investor's wallet and is now committed to a deal. It does not include undeployed wallet balances.

[CONFIRM: this matches how you actually compute the $,. If it includes principal/founder capital, assets held outside investor accounts, or anything valued above cost, the definition above must change to match reality, the page describes your method, the method doesn't bend to the page.]

What AUM does not include: projected returns, unaccepted applications, pledged-but-unsigned commitments, or appreciation we haven't realized.

Update cadence: Monthly, within the first [CONFIRM: N] business days of each month. The as-of date shown beside the figure is the date of calculation, not the date you're reading it. Current as-of: -.

Platform counts

Active offerings is the live count of offerings in published status, pulled directly from the database at page load, never cached as marketing copy.

Investor accounts is the live count of approved, activated investor accounts. Pending applications don't count. Declined applications don't count. If the number is small, the number is small.

Wallet balances and how we count them

Each investor funds a personal wallet through their monthly commitment. Wallet balances are the investor's own uninvested funds, held for the purpose of deploying into specific offerings the investor selects. Uninvested wallet funds are not invested capital, do not earn a return, and are not counted toward assets under management. A balance only becomes part of AUM once the investor deploys it into a specific offering and that capital is committed or deployed.

[ATTORNEY: confirming the wallet is described in a way that does not imply custody, deposit-taking, or a guaranteed/earning balance.]

Performance figures

When offerings on this platform mature enough to report performance, we will report it as follows: net of all fees, per offering, with the calculation method (e.g., IRR vs. simple return) stated beside every figure. We will not report blended or cherry-picked performance across offerings.

Until then, you will not see performance numbers on this site, not because we're hiding them, but because there aren't any yet. A fund established in 2026 does not have a track record, and we won't manufacture the appearance of one.

[ATTORNEY: performance advertising is heavily regulated (SEC Marketing Rule for advisers; antifraud rules regardless of registration status). Have counsel review this section and define what you may publish before any performance figure goes live.]

Fees

Fee schedules for each offering are stated in that offering's documents and summarized on its deal page in the investor portal. [CONFIRM: if you have a standard fee structure, e.g., management fee %, carry %, state it here plainly. If fees vary per offering, say exactly that.] There are no fees that appear only at withdrawal. If a fee isn't in the offering documents, it doesn't exist.

Corrections

If we publish an error, we correct the figure and note the correction below with the date and what changed.

No corrections to date.