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Venture Capital
thefund.vc

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Investments

101

Portfolio Exits

3

Funds

3

About The Fund

The Fund is a venture capital firm created in New York to be run by angel investors. The fund will invest in New York-based technology companies at their earliest stages, usually pre-seed and seed rounds.

The Fund Headquarter Location

New York, New York,

United States

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Latest The Fund News

Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) Notification of Sources of Distribution Under Section 19(a)

Dec 1, 2021

A NEW YORK, Nov. 30, 2021 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: RNP) (the "Fund") with information regarding the sources of the distribution to be paid on November 30, 2021 and cumulative distributions paid fiscal year-to-date. In December 2017, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission. The managed distribution policy seeks to deliver the Fund's long-term total return potential through regular monthly distributions declared at a fixed rate per common share. The policy gives the Fund greater flexibility to realize long-term capital gains throughout the year and to distribute those gains on a regular monthly basis to shareholders. The Board of Directors of the Fund may amend, terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund's shares. The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income and/or return of capital for federal income tax purposes. Return of capital includes distributions paid by the Fund in excess of its net investment income and net realized capital gains and such excess is distributed from the Fund's assets. A return of capital is not taxable; rather, it reduces a shareholder's tax basis in his or her shares of the Fund. In addition, distributions from the Fund's investments in real estate investment trusts (REITs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported to the Fund after year-end by REITs held by the Fund. The amount of monthly distributions may vary depending on a number of factors, including changes in portfolio and market conditions. At the time of each monthly distribution, information will be posted to cohenandsteers.com and mailed to shareholders in a concurrent notice. However, this information may change at the end of the year because the final tax characteristics of the Fund's distributions cannot be determined with certainty until after the end of the calendar year. Final tax characteristics of all of the Fund's distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year. The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated. All amounts are expressed per common share. DISTRIBUTION ESTIMATES 100.00% You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution policy. The amounts and sources of distributions reported in this Notice are only estimates, are likely to change over time, and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The amounts and sources of distributions year-to-date may be subject to additional adjustments. *THE FUND WILL SEND YOU A FORM 1099-DIV FOR THE CALENDAR YEAR THAT WILL TELL YOU HOW TO REPORT THESE DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES The Fund's Year-to-date Cumulative Total Return for fiscal year 2021 (January 1, 2021 through October 31, 2021) is set forth below. Shareholders should take note of the relationship between the Year-to-date Cumulative Total Return with the Fund's Cumulative Distribution Rate for 2021. In addition, the Fund's Average Annual Total Return for the five-year period ending October 31, 2021 is set forth below. Shareholders should note the relationship between the Average Annual Total Return with the Fund's Current Annualized Distribution Rate for 2021. The performance and distribution rate information disclosed in the table is based on the Fund's net asset value per share (NAV). The Fund's NAV is calculated as the total market value of all the securities and other assets held by the Fund minus the total liabilities, divided by the total number of shares outstanding. While NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's individual investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market. Fund Performance and Distribution Rate Information: Year-to-date January 1, 2021 to October 31, 2021 Year-to-date Cumulative Total Return1 1. Year-to-date Cumulative Total Return is the percentage change in the Fund's NAV over the year-to-date time period including distributions paid and assuming reinvestment of those distributions. 2. Cumulative Distribution Rate for the Fund's current fiscal period (January 1, 2021 through November 30, 2021) measured on the dollar value of distributions in the year-to-date period as a percentage of the Fund's NAV as of October 31, 2021. 3. Average Annual Total Return represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ending October 31, 2021. Annual NAV Total Return is the percentage change in the Fund's NAV over a year including distributions paid and assuming reinvestment of those distributions. 4. The Current Annualized Distribution Rate is the current fiscal period's distribution rate annualized as a percentage of the Fund's NAV as of October 31, 2021. Investors should consider the investment objectives, risks, charges and expense of the Fund carefully before investing. You can obtain the Fund's most recent periodic reports, when available, and other regulatory filings by contacting your financial advisor or visiting cohenandsteers.com. These reports and other filings can be found on the Securities and Exchange Commission's EDGAR Database. You should read these reports and other filings carefully before investing. Shareholders should not use the information provided here in preparing their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year indicating how to report Fund distributions for federal income tax purposes. Symbol: (NYSE: CNS) About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, and Tokyo. Forward-Looking Statements This press release and other statements that Cohen & Steers may make may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the company's current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates," or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. The company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. View original content: https://www.prnewswire.com/news-releases/cohen--steers-reit-and-preferred-and-income-fund-inc-rnp-notification-of-sources-of-distribution-under-section-19a-301434545.html

The Fund Investments

101 Investments

The Fund has made 101 investments. Their latest investment was in Jefa as part of their Seed VC on November 11, 2021.

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The Fund Investments Activity

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The Fund Portfolio Exits

3 Portfolio Exits

The Fund has 3 portfolio exits. Their latest portfolio exit was The Block Crypto on April 19, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

4/19/2021

Management Buyout

1

00/00/0000

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10

00/00/0000

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10

Date

4/19/2021

00/00/0000

00/00/0000

Exit

Management Buyout

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Companies

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Valuation

Acquirer

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Sources

1

10

10

The Fund Fund History

3 Fund Histories

The Fund has 3 funds, including The Fund I.

Closing Date

Fund

Fund Type

Status

Amount

Sources

8/3/2018

The Fund I

$3.2M

1

8/1/2018

The Fund

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$99M

10

The Fund II

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$99M

10

Closing Date

8/3/2018

8/1/2018

Fund

The Fund I

The Fund

The Fund II

Fund Type

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Status

Amount

$3.2M

$99M

$99M

Sources

1

10

10

The Fund Team

5 Team Members

The Fund has 5 team members, including current General Partner, Eamonn Carey.

Name

Work History

Title

Status

Matthew O. Brimer

Founder

Current

Katie Hunt

Founder

Current

Eamonn Carey

General Partner

Current

Ted Serbinski

Techstars, Detroit Venture Partners, A&E Networks, ParentsClick Network, Google, Drupal, and Intel

General Partner

Current

Courtney Boyd Myers CBM

Investment Partner

Current

Name

Matthew O. Brimer

Katie Hunt

Eamonn Carey

Ted Serbinski

Courtney Boyd Myers CBM

Work History

Techstars, Detroit Venture Partners, A&E Networks, ParentsClick Network, Google, Drupal, and Intel

Title

Founder

Founder

General Partner

General Partner

Investment Partner

Status

Current

Current

Current

Current

Current

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