The Private Shares Fund is a 1940 Act closed-end interval fund that provides individuals, family offices, and institutions access to late-stage, venture-backed private companies. Managed by Liberty Street Advisors, the fund seeks capital appreciation by investing in pre-IPO companies with proven product lines and revenue traction.
Their most common stage is series-f (50% of deals). Average disclosed round size is $188.1M (across 8 rounds with reported amounts).
Portfolio
5
Fund Size
$1.5B
Top Stage
Series F
Last 12 Mo
3
Team
Jack Sweeney
Managing Director
Jonas Grankvist
Managing Director / PM
Kevin Moss
Managing Director / PM
Sven Weber
Managing Director / PM
Jennifer Pruitt CFA
Vice President / PM
Kelvin Mong
Vice President
Zara Naqvi
Valuation Associate
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| DDevoted Health, Inc. | Series F | $317M | Jan 2026 |
| DDevoted Health, Inc. | Series F | $317M | Jan 2026 |
| DDevoted Health, Inc. | Series F | $48M | Nov 2025 |
| DDevoted Health, Inc. | Series F | $48M | Jan 2025 |
 Tradeshift | Unknown | $70M | Aug 2023 |
| RRadian Aerospace | Seed | $27.5M | — |
 Radian Aerospace | Seed | $27.5M | — |
 Decisive | Series D | $650M | — |
Top Co-Investors
Last updated: 14 September 2026