Skypointer: Family Office Focused Fund Closed At $30 Million

By Amit Chowdhry • Nov 21, 2024

Skypointer Capital, a firm operated by a dedicated management team with experience across the investment and operational lifecycle, announced the closing of its first venture capital fund, reaching a total of $30 million to invest in the global technology sector.

Skypointer has created a unique product specifically geared towards Family Offices. It grants access to the world of Venture Capital (VC) and emphasizes a more diversified strategy.

Through a combination of investments in funds focusing on early-stage startups and direct investments in companies that have already reached mature phases (series C onwards), investors are invited to diversify their VC portfolio through a single ticket covering multiple geographies (US, Europe, and Latin America), development stages (from pre-seed to growth) and industry verticals.

Some featured companies in Skypointer fund’s current portfolio include industry leaders like Scale AI (an artificial intelligence company that recently raised a series F led by Accel along with Nvidia and Amazon), Refurbed (a leading European marketplace for refurbished electronics), and Kushki (a digital payments company in Latin America). These investments exemplify the fund’s focus on identifying and supporting companies with high growth and transformative potential in their respective sectors.

The Skypointer team is headed by three partners with extensive experience in Venture Capital asset management and entrepreneurship. Pablo Ortega, head of Alternatives at Proaltus and former investment banker, Daniel Sakovics, an investor at several international technology investment funds like Banco Sabadell and Target Global; and Manuel Serna, entrepreneur and former investor and entrepreneur. The team previously invested using similar strategies through several institutions and saw a gap in the market to combine their experience and launch Skypointer.

KEY QUOTES:

“VC has been one of the best-performing assets in the last decade. However, many Family Offices have been harmed by not approaching the space in the right way, through lack of access or insufficient diversification. Through Skypointer, many of these investors can now build a risk-adjusted portfolio, but with a greater return potential than a traditional Fund of Funds strategy, and with the added bonus of access to direct investment opportunities.”

– Daniel Sakovics, Partner at Skypointer

“Large, sophisticated investment institutions such as endowments and sovereign wealth funds have long combined a hybrid funds-direct approach in venture. We saw the opportunity to create a product that offers a tried and tested strategy to a different segment of the market, who otherwise may not have this level of access.”

– Pablo Ortega, Partner at Skypointer