Cache announced that its platform has surpassed $1.5 billion in assets just 25 months after launching the Cache Exchange Fund, as the company also opened its Summer Aperture enrollment window and introduced a new exchange fund called Cobol for accredited investors.
The company said the milestone reflects growing demand from investors managing large concentrated stock positions who are seeking diversification strategies without triggering immediate tax consequences.
According to Cache, the platform added more assets over the past four months than during its entire first year of operations.
Cache’s Summer Aperture program is designed as a coordinated enrollment window across its Flagship exchange funds to expand investor access and accommodate high-demand stocks that may be constrained in traditional exchange fund structures.
Through the Summer Aperture program, investors can contribute to the company’s UNIX fund benchmarked to the Nasdaq-100, Bedrock benchmarked to the S&P 500, and Mosaic benchmarked to the S&P 500 Growth Index.
The company said enrollment is currently open, with a July 1 deadline to initiate stock transfers ahead of the July 15 close.
Cache also announced the launch of Cobol, a new exchange fund for accredited investors with a $100,000 minimum investment requirement. The fund is benchmarked to the S&P 500 Growth Index and is scheduled to launch on July 1, 2026.
The company said Cobol is intended to expand access to exchange fund strategies beyond Qualified Purchasers.
In addition, Cache highlighted its recently introduced Cache Long/Short strategy, a separately managed account designed to help investors gradually diversify concentrated stock positions through leveraged long and short overlays and tax-loss harvesting strategies.
Cache said the strategy has already attracted strong demand from hundreds of investors since launch.
Based in San Francisco, Cache operates a brokerage platform that helps investors manage concentrated stock positions through exchange funds, tax-aware investment strategies, stock lending, and collar advance structures.
KEY QUOTE:
“For years, concentrated stock meant mainly two choices: hold or sell. Crossing $1.5 billion in 25 months shows that investors were eager for a better choice.”
Srikanth Narayan, Founder And CEO, Cache
