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.
33% of their portfolio is in Defense & Space. Their most common stage is series-f (44% of deals). Average disclosed round size is $141.7M (across 9 rounds with reported amounts).
Portfolio
7
Fund Size
$1.5B
Top Stage
Series F
Last 12 Mo
0
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 |
|---|---|---|---|
 Devoted Health, Inc. | Series F | $317M | Jan 2026 |
| Devoted Health, Inc. | Series F | $48M | Nov 2025 |
| Devoted Health, Inc. | Series F | $48M | Jan 2025 |
 Tradeshift | Series C | $70M | Aug 2023 |
 Radian Aerospace | Seed | $27.5M | Jan 2022 |
 Betterment | Series F | $60M | Sep 2021 |
 Radian Aerospace | Seed | $27.5M | — |
 Radian Aerospace | Seed | $27.5M | — |
 Decisive | Series D | $650M | — |
Top Co-Investors
Last updated: 20 October 2026