Description:3SPOKE is a distinguished private investment firm that specializes in providing structured secondary solutions for private market investors who hold late-stage venture and growth equity assets. This includes limited partners and general partners in venture capital funds, as well as shareholders of technology-enabled companies. 3SPOKE offers these investors the opportunity to generate liquidity from their assets while retaining the potential for upside and maintaining flexibility.
The firm’s innovative solutions deliver liquidity as an alternative to traditional asset sales, whereby the shares, limited partner, or general partner portfolio interests are secured as collateral. 3SPOKE employs a novel preferred equity financing structure that artfully combines elements of both debt and equity. This strategic approach enables the firm to invest in the next generation of visionary and disruptive global companies. These dynamic enterprises are experiencing growth and increasing in value while remaining privately held, creating significant pent-up demand for liquidity among their stakeholders.
3SPOKE’s mission revolves around providing balanced liquidity solutions for this vibrant ecosystem. As a result, the firm offers investors access to venture and growth equity opportunities that are increasingly difficult to attain through public markets. This realm represents a substantial and expanding opportunity set, characterized by promising potential.
The liquidity solutions provided by 3SPOKE are designed to be highly favorable for asset owners, allowing them to participate in future growth in value without incurring immediate market discounts, tax implications, or necessitating a change in control. In addition, these solutions offer investors a risk-mitigated pathway to invest in the most successful private companies and their associated portfolios. By prioritizing execution over concept risk, 3SPOKE facilitates an asymmetric risk-return profile that enriches the investment landscape for all parties involved.