Sweater Cashmere Fund
schedule of investments
6/30/2022 (unaudited)
Fair Value | ||||
Simple Agreements for Future Equity - 21.5% | ||||
Consumer Packaged Goods - 10.% | ||||
Drupely, Inc.1,2,3 | $ | 200,000 | ||
FEAT Socks, Inc.1,2,3 | 250,000 | |||
Parallel Health, Inc.1,2,3 | 250,000 | |||
Total Consumer Packaged Goods (Cost $700,000) | 700,000 | |||
End of Life Technology - 7.2% | ||||
After Services, Inc. - Tranche 11,2,3 | 250,000 | |||
After Services, Inc. - Tranche 21,2,3 | 250,000 | |||
Total End of Life Technology (Cost $500,000) | 500,000 | |||
Financial Technology - 4.3% | ||||
EarlyBird Central, Inc.1,2,3 | 200,000 | |||
Nada Holdings, Inc.1,2,3 | 100,000 | |||
Total Financial Technology (Cost $300,000) | 300,000 | |||
Total Simple Agreements for Future Equity (Cost $1,500,000) | 1,500,000 | |||
Short-Term Investments - 77.6% | ||||
Goldman Sachs Financial Square Government Fund - Institutional Class, 1.35%, shares 5,408,2184 | 5,408,218 | |||
Total Short-Term Investments (Cost $5,408,218) | 5,408,218 | |||
Total Investments (Cost $6,908,218) - 99.1% | 6,908,218 | |||
Other assets in excess of liabilities - 0.9% | 59,748 | |||
Net Assets - 100% | $ | 6,967,966 |
1 | Restricted security. The total value of these securities is $1,500,000, which represents 21.5% 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 $1,500,000, which represents 21.5% of Fund net assets. |
4 | Rate disclosed represents the seven day yield as of the Fund's period end. |
Sweater Cashmere Fund
Notes to the schedule of investments
June 30, 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 June 30, 2022 is as follows:
Investments | Initial Acquisition Date | Cost | Fair Value | % of Net Assets | ||||||||||
After Services, Inc. - Tranche 1 | June 6, 2022 | $ | 250,000 | $ | 250,000 | 3.6 | % | |||||||
After Services, Inc. - Tranche 2 | June 6, 2022 | 250,000 | 250,000 | 3.6 | % | |||||||||
Drupely, Inc. | June 17, 2022 | 200,000 | 200,000 | 2.9 | % | |||||||||
EarlyBird Central, Inc. | June 3, 2022 | 200,000 | 200,000 | 2.9 | % | |||||||||
FEAT Socks, Inc. | June 15, 2022 | 250,000 | 250,000 | 3.6 | % | |||||||||
Nada Holdings, Inc. | June 17, 2022 | 100,000 | 100,000 | 1.3 | % | |||||||||
Parallel Health, Inc. | June 28, 2022 | 250,000 | 250,000 | 3.6 | % | |||||||||
$ | 1,500,000 | $ | 1,500,000 | 21.5 | % |