Sweater Cashmere Fund
SCHEDULE OF INVESTMENTS
12/31/2022 (Unaudited)
Fair Value | ||||
Portfolio Companies - 18.9% | ||||
Consumer Technology - 4.6% | ||||
GO, Inc., shares 400,1601,2,3 | $ | 500,000 | ||
Human Resource Technology - 9.2% | ||||
IsoTalent, Inc. - Series Seed-1 Preferred Stock, shares 764,2921,2,3 | 1,000,000 | |||
Property Technology - 5.1% | ||||
Eloit Street, Inc. dba Guest House, shares 2,012,8821,2,3 | 300,000 | |||
True Footage Inc. - Series A Prime Preferred Stock, shares 38,8361,2,3 | 250,000 | |||
Total Property Technology | 550,000 | |||
Total Portfolio Companies (Cost $2,050,000) | 2,050,000 | |||
Portfolio Funds - 3.5% | ||||
Fund of Funds - 3.5% | ||||
Curate Capital Fund I, LP1,2,3 | 170,000 | |||
Ganas Ventures I, a series of Ganas Ventures, LP1,2,4,5 | 62,500 | |||
Stonks Y Combinator Summer 2022 Access Fund, a Series of Stonks Funds, LP - Class A1,2,4,5 | 150,000 | |||
Total Portfolio Funds (Cost $382,500) | 382,500 | |||
Simple Agreements for Future Equity in Portfolio Companies - 39.1% | ||||
Consumer Goods and Retail - 13.4% | ||||
Drupely, Inc. dba Graza1,2,3 | 200,000 | |||
FEAT Socks, Inc.1,2,3 | 250,000 | |||
Frances Valentine, LLC1,2,3 | 500,000 | |||
IQ Bar, Inc.1,2,3 | 250,000 | |||
Nomadica1,2,3 | 250,000 | |||
Total Consumer Goods and Retail | 1,450,000 | |||
Consumer Technology - 6.9% | ||||
After Services, Inc. - Tranche 11,2,3 | 250,000 | |||
After Services, Inc. - Tranche 21,2,3 | 250,000 | |||
The Last Gameboard, Inc.1,2,3 | 250,000 | |||
Total Consumer Technology | 750,000 | |||
Education Technology - 2.3% | ||||
EdInvent, Inc. dba Accredible1,2,3 | 250,000 | |||
Financial Technology - 1.8% | ||||
EarlyBird Central, Inc.1,2,3 | 200,000 | |||
Healthcare - 11.5% | ||||
Lazzaro Medical, Inc.1,2,3 | 250,000 | |||
Parallel Health, Inc.1,2,3 | 250,000 | |||
Pear Suite, Inc.1,2,3 | 250,000 | |||
Wyndly Health, Inc.1,2,3 | 500,000 | |||
Total Healthcare | 1,250,000 | |||
Logistics - 2.3% | ||||
Shappi, Inc.1,2,3 | 250,000 | |||
Property Technology - 0.9% | ||||
Nada Holdings, Inc.1,2,3 | 100,000 | |||
Total Simple Agreements for Future Equity in Portfolio Companies (Cost $4,250,000) | 4,250,000 | |||
Short-Term Investments - 40.2% | ||||
Goldman Sachs Financial Square Government Fund - Institutional Class, 4.15%, shares 4,362,4016 | $ | 4,362,401 | ||
Total Short-Term Investments (Cost $4,362,401) | 4,362,401 | |||
Total Investments (Cost $11,044,901) - 101.7% | 11,044,901 | |||
Liabilities in excess of other assets - (1.7%) | (181,401 | ) | ||
Net Assets - 100% | $ | 10,863,500 |
LP - Limited Partnership
LLC - Limited Liability Company
1 | Restricted security. The total value of these securities is $6,682,500, which represents 61.5% of Fund net assets. Please refer to Restricted Securities in the Notes to the Schedule of Investments. |
2 | Non-Income Producing |
3 | Level 3 securities fair valued using significant unobservable inputs. The total value of these securities is $6,470,000, which represents 59.6% of Fund net assets. |
4 | Investment valued using net asset value per share (or its equivalent) as a practical expedient. |
5 | Affiliated investment for which ownership exceeds 5% of the investment's capital. |
6 | Rate disclosed represents the seven day yield as of period end. |
See accompanying Notes to Schedule of Investments
Sweater Cashmere Fund
Notes to the schedule of investments
December 31, 2022 (unaudited)
Restricted Securities
Restricted securities include securities that have not been registered under the Securities Act of 1933, as amended, and securities that are subject to restrictions on resale. The Fund may invest in restricted securities that are consistent with the Fund’s investment objectives and investment strategies. Investments in restricted securities are valued at fair value as determined in good faith in accordance with procedures adopted by the Board of Trustees.
Additional information on each restricted investment held by the Fund on December 31, 2022 is as follows:
Initial | Fair | % of | ||||||||||||
Investments | Acquisition Date | Cost | Value | Net Assets | ||||||||||
After Services, Inc. - Tranche 1 | 6/6/2022 | $ | 250,000 | $ | 250,000 | 2.3 | % | |||||||
After Services, Inc. - Tranche 2 | 6/6/2022 | 250,000 | 250,000 | 2.3 | % | |||||||||
Curate Capital Fund I, LP | 7/1/2022 | 170,000 | 170,000 | 1.6 | % | |||||||||
Drupely, Inc. dba Graza | 6/17/2022 | 200,000 | 200,000 | 1.8 | % | |||||||||
EarlyBird Central, Inc. | 6/3/2022 | 200,000 | 200,000 | 1.8 | % | |||||||||
EdInvent, Inc. dba Accredible | 7/29/2022 | 250,000 | 250,000 | 2.3 | % | |||||||||
Eloit Street, Inc. dba Guest House | 11/18/2022 | 300,000 | 300,000 | 2.8 | % | |||||||||
FEAT Socks, Inc. | 6/15/2022 | 250,000 | 250,000 | 2.3 | % | |||||||||
Frances Valentine, LLC | 11/18/2022 | 500,000 | 500,000 | 4.6 | % | |||||||||
Ganas Ventures I, a series of Ganas Ventures, LP | 7/1/2022 | 62,500 | 62,500 | 0.6 | % | |||||||||
GO, Inc. | 11/18/2022 | 500,000 | 500,000 | 4.6 | % | |||||||||
IQ Bar, Inc. | 8/12/2022 | 250,000 | 250,000 | 2.3 | % | |||||||||
IsoTalent, Inc. - Series Seed-1 Preferred Stock | 7/8/2022 | 1,000,000 | 1,000,000 | 9.2 | % | |||||||||
Lazzaro Medical, Inc. | 7/1/2022 | 250,000 | 250,000 | 2.3 | % | |||||||||
Nada Holdings, Inc. | 6/17/2022 | 100,000 | 100,000 | 0.9 | % | |||||||||
Nomadica | 7/1/2022 | 250,000 | 250,000 | 2.3 | % | |||||||||
Parallel Health, Inc. | 6/28/2022 | 250,000 | 250,000 | 2.3 | % | |||||||||
Pear Suite, Inc. | 11/14/2022 | 250,000 | 250,000 | 2.3 | % | |||||||||
Shappi, Inc. | 9/16/2022 | 250,000 | 250,000 | 2.3 | % | |||||||||
Stonks Y Combinator Summer 2022 Access Fund, a Series of Stonks Funds, LP - Class A | 9/16/2022 | 150,000 | 150,000 | 1.4 | % | |||||||||
The Last Gameboard, Inc. | 12/9/2022 | 250,000 | 250,000 | 2.3 | % | |||||||||
True Footage Inc. - Series A Prime Preferred Stock | 7/29/2022 | 250,000 | 250,000 | 2.3 | % | |||||||||
Wyndly Health, Inc. | 9/13/2022 | 500,000 | 500,000 | 4.6 | % | |||||||||
$ | 6,682,500 | $ | 6,682,500 | 61.5 | % |