The Pre-IPO and Growth Fund
IPOSX (S Shares)
IPOFX (F Shares)
The Fund’s investment objective is to seek long-term capital appreciation.
The Pre-IPO and Growth Fund provides access to pre-IPO companies sourced through proprietary institutional channels. Pre-IPO investments generally include late-stage private companies with established business models, meaningful revenue, and proximity to a potential liquidity event. Designed for institutions and high-net-worth investors, the Fund targets an approximate 80% allocation to late-stage private equity and public growth equity.
Large market offering high return potential for mature growth companies
Dedicated senior team supported by differentiated specialist partners
Interval fund with no investor restrictions, daily purchases, and quarterly liquidity
$121M
As of February 28, 2026
January 23, 2026
16
As of February 28, 2026
(S Shares) IPOSX
(F Shares) IPOFX
As of February 28, 2026
Clients
Years of Experience
Assets Under Management
Funds Researched
Founder and Employee Owned
Unicorn market data provided by PitchBook, Morningstar Indexes, and Bloomberg. Data is from 1/1/2015 to 12/31/2025. This chart is provided for general market context only and is not intended to predict or project future market conditions.
| Asset Class | Growth Equity |
|---|---|
| Fund Structure | ’40 Act closed-end interval fund |
| Subscriptions | Daily |
| Redemptions | Quarterly, subject to a 5% fund-level gate |
| Management Fee | 1.95% |
| Gross Expense Ratio: |
2.95% (S Shares)
2.85% (F Shares) |
| *Net Expense Ratio: | 2.50% |
*Total annual operating expenses for the Fund are 2.85% for F shares and 2.95% for S shares. The Adviser has contractually agreed to waive a portion of its management fee and/or reimburse Fund expenses to limit total annual operating expenses of the F and S Shares to 2.50% for the first 12 months of operations and 2.65% thereafter, excluding certain expenses. Such waivers and reimbursements may be recouped by the Adviser within three years, provided that such recoupment does not cause expenses to exceed the applicable expense limitation in effect at the time.
| Cerebras | 15.67% |
| Databricks | 7.11% |
| SpaceX / xAI | 5.67% |
| Canva | 5.02% |
| Anthropic | 4.96% |
| Rippling | 4.20% |
| OpenAI | 3.44% |
| OpenEvidence | 3.07% |
| Glean | 2.97% |
| Revolut | 2.96% |
Top 10 Holdings represent 55.07% of total Fund holdings as of February 28, 2026. Holdings subject to change. There is no assurance that the Fund currently holds these positions. The Fund’s exposure to certain portfolio companies may be obtained directly and/or indirectly through special purpose vehicles (SPVs), co-investment vehicles, or other investment structures.
The pie chart depicts private investments representing 63.45% of the portfolio and does not include public investments, fund investments, or cash holdings. Sector allocations are shown as a percentage of private investments only and are normalized to sum to 100% of the private portfolio. Sector allocations subject to change.
Phone
ABS Global Investments
2187 Atlantic Street, Suite 604
Stamford, CT 06902