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Powerlaw Offers Retail Access To Private Tech
6.3
Relevance Score
Powerlaw Corp. filed with the SEC to list a $1.2 billion assets-under-management fund that holds stakes in SpaceX, OpenAI, Anthropic PBC and Anduril. The firm plans a direct listing to sell existing shares and will charge a 2.5% management fee, citing a net asset value of about $475 million. If approved, U.S. retail investors could buy shares through brokerages.
