Business
Global Alternative Investment Management LLC Announces Launch of Global Alts LLC - Unicorn Tech Fund III Targeting Late-Stage and High-Growth Technology Unicorns
Global Alternative Investment Management LLC ("Global Alts") is pleased to announce the launch of Global Alts LLC – Unicorn Tech Fund III (the "Fund"), a new private investment vehicle designed to provide qualified investors with access to late-stage, high-growth technology companies—commonly known as "unicorns"—that we believe are reshaping global markets.
About this update from Wealth Management Inc
[{"type":"text","content":"APPLETON, Wis., Dec. 17, 2025 /PRNewswire/ -- Global Alternative Investment Management LLC ("Global Alts") is pleased to announce the launch of Global Alts LLC – Unicorn Tech Fund III (the "Fund"), a new private investment vehicle designed to provide qualified investors with access to late-stage, high-growth technology companies—commonly known as "unicorns"—that we believe are reshaping global markets.","length":435,"tagName":"p"},{"type":"text","content":"Unicorn Tech Fund III represents the next evolution of Global Alts' longstanding thematic focus on transformative technology investments, building on the management team's prior Unicorn Tech Fund I and II strategies. The investment objective of the Fund is to opportunistically acquire a diversified portfolio of private technology companies and complementary venture funds pursuing or benefitting from disruptive innovation from artificial intelligence and related technologies.","length":487,"tagName":"p"},{"type":"text","content":"Since its 2021 spinout from its affiliate, Endowment Wealth Management, Inc., Global Alts has collaborated on raising six prior funds, deploying nearly $40 million across a broad array of alternative assets, including late-stage technology venture capital, financial technology, blockchain infrastructure, and sector-specific co-investment strategies. In 2024, Global Alts closed a single-purpose fund targeting an investment in Groq, a pioneering AI infrastructure company that completed a $640 million Series D round led by BlackRock Private Equity Partners.","length":560,"tagName":"p"},{"type":"text","content":"Strategic Opportunity in Developing Technology Markets"With Unicorn Tech Fund III, we are expanding upon our curated approach to sourcing what we believe to be unique private technology opportunities," said Prateek Mehrotra, MBA, CFA, CAIA®, Chief Investment Officer. "The private technology ecosystem remains rich with innovation, and we believe as generative AI and other technologies evolve, they may have the potential to further disrupt industries and create sustained growth opportunities." We believe our deep network of venture capital relationships positions us to identify companies solving complex problems with scalable business models."","length":675,"tagName":"p"},{"type":"text","...