The Private Shares Fund

The Private Shares Fund, formerly known as the SharesPost 100 Fund, is a venture capital firm based in Menlo Park, California. The fund primarily invests in late-stage, private growth companies across various industries, including technology, healthcare, and consumer goods. It aims to provide investors with access to a diversified portfolio of private companies that are typically not available to the general public.

The fund's investment strategy focuses on identifying and investing in companies with strong growth potential and established market positions. It seeks to offer liquidity solutions to shareholders and facilitate capital formation for private companies. The fund is managed by Liberty Street Advisors, Inc., which became the adviser to the fund in December 2020.

As of July 31, 2025, the fund's top holdings include companies such as SpaceX, Circle Internet Group Inc., Tradeshift, Grubmarket, Arctic Wolf, Betterment, Voyager Technologies Inc., Equipmentshare, and Neutron Holdings Inc. The fund's portfolio is diversified across multiple sectors, with a significant portion invested in information technology and industrials. The fund is available for investment with a minimum of $2,500, making it accessible to a broader range of investors seeking exposure to private growth companies in the United States.