F Partners - August 21st, 2024

F Partners is a Private Office that provides bespoke advice to Family Offices and Entrepreneurs.

We also invest opportunistically in our proprietary deal flow across the private markets.

For any deals included in this email, reply to us for an introduction.

SPVs

Superpower: AI-Powered Longevity Platorm (Seed)(*Deadline for Commitments: LAST CALL THIS WEEK*)

Superpower is revolutionizing the D2C health landscape through an AI-Powered health management platform and access to the latest longevity technologies. 

Notable company backers include Susa Ventures, Long Journey Ventures, Bain Capital, Winklevoss Capital.

This SPV is sponsored by Mangusta Capital 

Mangusta Capital is a venture capital firm dedicated to investing in artificial intelligence and consumer disruption, with a mission to support and accelerate innovative businesses shaping the future. The firm invests in Seed through Series B companies in consumer and vertical AI businesses. 

Co-Founder and Managing Partner, Kevin Jiang is a Silicon Valley native and tenured investor with wide-ranging experience from Goldman Sachs to Apollo Global Management, and most recently a founding member of the Investment Team at Softbank's Vision Fund.

Our team has worked together for years building a strong track record across growth investments (Wiz, Shipbob, Flexport) and early stage checks (Edgevana, Eight Sleep). Our portfolio includes investments in Elon Musk's xAI, Vanessa Hudgens' Caliwater, Tony Robbins’ longevity platform Lifeforce, and sponsorship of the world’s first all-electric raceboat league alongside Will Smith, emphasizing our commitment to transformative technologies and sustainable practices.

Linked is our Deck and Press ReleaseWe have closed a $50M anchor commitment from the Del Vecchio family (Founder of Luxottica) and are finalizing limited allocation for a close in November 2024.

Mangusta Capital’s Live Opportunities: https://docsend.com/view/mynf6rucqifs2a8j

Active deals

Opportunity: F Partners Family Office Client-Backed Commodity Trade 

Description: One of our family office clients has spare capacity in their Corn Mill trade and has granted us a $250k allocation to participate. The business/plant is profitable and returning capital on a monthly/quarterly basis. They are able to offer a participation return of 1.5% per month (18% per annum) to F Partners’ co-investor network. First Come First Serve on the allocation. 

Opportunity: Alt Lending

Description: Alt Lending is a family office-backed specialty lender that is restructuring distressed student loans.  It is a great fixed-income alternative that fits well in most investment portfolios.  

  • The Student Loan Portfolio is Asset Backed and over-collateralized providing 1.5 to 1 collateralization – for every $1 invested you will have $1.50 in student loans.  

  • The investment (offered in the form of a senior secured note) provides significant protection for investors.  

  • Pays a high rate of return – 15% annualized, paid quarterly for 3 years – with a one-year extension option.  

  • There is a low correlation between rising interest rates and most other fixed-income investments.  

  • Led by a very senior team that has previously managed and securitized over $10 billion in Student Loan Portfolios. 

Opportunity: Apiary - Private Credit - Real Estate Acquisition 

Description: Apiary is a Dutch fruit and vegetable trading company, dedicated to empowering farmers by combining traditional farming practices with modern technologies. 

They work with farmers to build food concepts, greatly enhancing the value of farm produce.

Apiary is purchasing their apple orchard for EUR20m. They are putting up EUR1m to EUR2m in equity and have secured local bank debt of EUR14m at 3-4%. 

They are raising $5m at 12% negotiated up to 15% per annum paid quarterly secured against 25% of the orchard to finance the remainder of the purchase. Option to convert to equity. Minimum ticket is EUR10k or equivalent. 

​Opportunity: Midchains - A fully regulated investment platform designed for experienced investors and beginners to trade and store virtual assets.

Description: Backed by Sovereign Wealth Fund Mubadala and Sovereign Investor Lunate as well as Tier 1 investors MIAX, Brevan Howard Digital, GSR, Emurgo, Dhabi Holdings and others, MidChains is one of the first fully regulated blockchain and crypto financial infrastructure companies headquartered in the UAE. 

In addition to existing exchange operations, the platform is evolving to begin offering digital futures, securities, commodities, FX, funds and private market products as an aggregated digital asset market on a direct and indirect basis. The platform caters to both institutions and individuals around the world (excluding sanctioned countries and the US). The firm has always been compliance-first focused and will continue to offer innovative products and services in a safe and bankable environment.

Opportunity: Aquaria 

Description: SoftBank-backed breakthrough tech for clean water access with $20mm in signed contracts with RE developers

Opportunity: Syntiant

Description:  $12mm rev edge AI company with 20 patents, backed by M12, Intel, Bosch, and Alexa Fund.

Opportunity: Borderless AI

Description: $2mm ARR full-stack AI platform for HR teams backed by SIG and Bernard Arnault.

Opportunity: Method AI

Description: Surgical navigation company with SaaS revenue and 90% gross margins, led by Cleveland Clinic.

Opportunity: Soma Capital

Description: Already $1M+ of interest from F Partners - Top-Decile seed VC generating 7x returns with 20+ unicorns including Deel, Rippling, Razorpay, Ramp and Rappi.

Opportunity: Argonautic Ventures Fund IV

Description: $750M AUM Top-3% AI-focused fund with 10x TVPI with the direct FO's behind Samsung, LG and Hyundai as LPs.

Active deals from our network

Ligo Partners is a single-family office run by Alec Andronikov (Principal) and Cindy Mihalova (Chief Investment Officer), based between Miami and New York.

Ligo Partners co-invest with our discrete and invitation-only consortium of like-minded investors into disruptive tech-focused deal flow sourced directly from family offices and top venture capital firms worldwide.

In parallel, Ligo Partners invests in tech debt financings; tech secondaries; roll-up strategies with a tech component; off-market real estate opportunities, and investment funds that have successfully demonstrated at least a 1x DPI metric from prior performance.

For any deals included in this email, reply to us for an introduction.

Resources for investors and founders:

  • Deal Memos

  • Investor Relations

  • Pitch Practice

  • Deck/Deal Room Review

  • Custom Deal Sourcing

Advisory hours 🗓

Chad Fox is an advisor to entrepreneurs and family offices through his firm F Partners. Chad has a global network that spans from North America to the Middle East and can help you with formation, fundraising, business development, and all the challenges that come with building an early-stage company. He is a qualified lawyer, angel investor, and venture capitalist.

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