Jetstream Venture Fund Information
**Keep in mind, this is a potential fund we are considering launching.
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At Xcellerant Ventures, we believe venture capital shouldn’t be a restricted runway for the privileged few. It’s time to open the gates to this powerful engine of innovation and wealth. For too long, the top 1% have navigated the skies of venture capital, reaping the rewards of its soaring returns. But now, we’re breaking through the clouds and making this exclusive asset class accessible to a wider range of investors.
Our Jetstream Venture Fund is your boarding pass to a new era of investing. With our evergreen interval fund, you can invest in high-tech startups and ride the jetstream of their potential success. No longer will you be grounded by high minimums or long lock-ups. Together, we’ll experience the future of innovation and sore to new heights of financial prosperity.
Venture Capital Asset Class Historty
For 60 years, venture capital has been the highest performing asset class in the United States.
Venture Capital is, simply, an investment model where experienced managers (that’s us!) pool monies raised from institutions and individuals to invest in early stage, but high potential, companies.
We provide needed capital and advice to these companies to help them achieve transformative results. When these companies sell or go-public, you reap the financial rewards!
The Jetstream Venture Fund IS venture capital.
The vast majority of our funds will be directed to high-growth startups. Our experienced venture investing team has access to companies that others just do not. In addition, we actively manage our portfolio to help achieve the highest possible impacts.
Discover and vet investment opportunities.
Negotiate investment terms with startups.
Build out a full portfolio of investments.
Manage relationships and needs of founders.
VC Improved
Unlike traditional venture capital funds, Jetstream Venture Fund has several distinct characteristics:
- Evergreen Structure: Interval funds do not have predetermined lifespans. This allows for investing at multiple stages and to hold investments until maturity without having artificial deadlines.
- Semiannual Liquidity: Interval funds allow investors two (2) opportunities each year to withdraw funds. Traditional venture funds employ a “call and hold” framework where money, once deposited, is locked-up until the fund ceases to exist.
- Diversified Investments: The fund invests in both private and public companies, and other investment offerings like mutual funds, bonds, or debt instruments, offering a broader investment scope and the potential to reduce risk for investors.
- Accessibility: Venture capital funds are restricted to high net-worth individuals (usually a minimum net worth of between $1 and $5m). The Jetstream Venture Fund is available to almost anyone who can meet the minimum investment.
Interval Fund Advantages
Keys to Success
For the Jetstream Venture Fund, John Shufeldt, Michael Shufeldt, Douglas Sylvester and Chris Yoo will be general partners. We are not passive investors. Utilizing 60+ years of expertise in startups and investments, our investment committee conducts intensive due diligence within our deal flow vetting process to identify exceptional products, ideas and leaders. We invest in transformative technologies and leaders. Our team provides capital, strategic guidance, collaboration, partnerships, hands-on advice, education, and support to increase the likelihood of success and accelerate growth.
Investment Thesis
The JetStream Venture Fund is a venture capital fund where YOU, the investor, reaps a greater share of the rewards. It is a fund that gives you access to deals that were previously only available to institutions and very high net worth individuals. Now, you can take advantage of the expertise and access provided by established venture capitalists to help grow and shape the future of your investment portfolio.
Jetstream Venture Fund Highlights
$20,000 minimum investment.
Semi-annual redemption periods.
No accreditation needed.
Actively managed venture fund.
Evergreen interval fund.
Semiannual withdrawl opportunities.
Offers shares on a continuous basis.
Transparency through daily NAV calculation.
Can use managed portfolios, retirement plans, trusts.
Can invest freely in less liquid investments.
Will be registered with the SEC.
Commonly Asked Questions
Below are commonly asked questions for the Jetstream Venture Fund. If you would like to contact a member of our team directly, please message Doug at dsylvester@xcellerantventures.com.
Why do you keep saying potential fund?
Interval funds, unlike traditional venture capital funds, are highly regulated by the SEC. As a result, it takes months for us to work through the approval process. That said, we are working with proven partners and have substantial experience in venture capital investing. As a result, we are very confident the Jetstream Venture Fund will launch in Q1, 2025.
What is an interval fund?
Interval funds are registered investment vehicles that provide retail investors access to less liquid assets like privately-held, early-stage, technology companies. Unlike most investment vehicles, interval funds can invest in such companies and hold those investments until profits can be realized. They are called “interval” funds because they do allow investors to withdraw funds, up to 5% of the overall fund, at regular intervals. In the case of the Jetstream Venture Fund we will allow for withdrawals every 6 months.
What makes this fund better than a traditional fund?
Unlike traditional venture capital, the Jetstream Fund puts ALL profits into your pocket. In traditional venture the general partners take 20% of all net profits–in the Jetstream Fund, you keep all of them.
What does evergreen mean?
In the context of investment funds, “evergreen” means that the fund has no predetermined end date or termination period. Traditional venture funds have a fixed lifespan (typically 10-12 years). Interval funds can continue to operate indefinitely. This provides greater flexibility and potential for long-term returns. For example:
- Long-term investment horizon: Investors can hold their investments for as long as they desire, without the pressure of a looming fund closure.
- Flexible investment strategy: The fund manager can make investments and hold them for as long as they believe is optimal, without being constrained by a predetermined exit timeline.
- Continuous capital raising: The fund can raise additional capital from investors, allowing it to scale its investments and seize new opportunities.
How is the structure of an interval fund different from a traditional fund?
Unlike traditional venture capital funds, this Fund has several distinct characteristics:
- Evergreen Structure: Interval funds do not have predetermined lifespans. This allows for investing at multiple stages and to hold investments until maturity without having artificial deadlines.
- Semiannual Liquidity: Interval funds allows investors two (2) opportunities each year to withdraw funds. Traditional venture funds employ a “call and hold” framework where money, once deposited, is locked-up until the fund ceases to exist.
- Diversified Investments: The fund invests in both private and public companies, and even other investment offerings like mutual funds, bonds, or debt instruments, offering a broader investment scope and the potential to reduce risk for investors.
- Accessibility: Venture capital funds are restricted to high net-worth individuals (usually a minimum net worth of between $1 and $5m). The Jetstream Venture Fund is available to anyone¹ in the United States who can meet the minimum investment.
¹Certain investors may be excluded from investing based on prior bad acts or based on money laundering objections.
Who is this fund for?
Traditional venture isn’t available to everyday investors. The Jetstream Fund has been created by professionals (lawyers, doctors, pilots, and business people) for professionals. That said, the Jetstream Venture Fund is for investors who take a long-term investment focus.
Is there an approval process?
No, anyone¹ with the minimum investment can invest with no approval process.
¹Certain investors may be excluded from investing based on prior bad acts or based on money laundering objections.
What is the redemption period?
There will be redemption periods where investors have the ability to withdraw their investments, with some restrictions, every six months. There will be a defined period of time where investors will be able to signal that they want all, or a portion of their money back.
During these periods, up to 5% of the Fund’s Net Asset Value (NAV) can be redeemed. For example, if the Fund’s NAV $10m=, that means $500k is available for withdrawal for that redemption period. If redemption requests are below 5%, investors will receive the full amount requested. However, if requests exceed 5%, payments will be prorated based on overall demand. If an investor doesn’t receive their full amount, they can resubmit a request in the next redemption period.
How do I sign up?
Right now, we cannot take any commitments. However, we will be launching our SEC regulated secured portal in Q1, 2025. You will be able to securely invest on this website.
What types of companies would this fund invest in?
We would invest in early-stage startups with a focus on Seed and Series A investments and will have exposure to both private and publicly traded companies involved in disruptive innovation.
Are there min/max ranges for private assets vs. public equities for this Fund?
The Fund typically invests between 20% and 85% of its assets in private companies, with the remaining portion allocated to publicly traded securities or other alternatives.
What is NAV?
Net Asset Value (NAV) is similar to a stock price, except it reflects the value of the portfolio of companies we would invest in.
Is $20,000 the max I can invest?
No, once you have met the $20k minimum you can add any amount at any time.
What are the fees?
The management fee is 2.9% of the Net Asset Value (NAV) and capped expenses/fees are 3% of the Net Asset Value (NAV).