Executive summary
A. Investment overview
Allocator One is offering €200 million in total allocation across five integrated vehicles, targeting sophisticated investors with a minimum commitment of €25 million.
This is not a traditional fund investment. Allocator One is a vertically integrated platform that combines fund selection, direct co-investments, and proprietary infrastructure – giving investors exposure across the entire venture capital value chain in a single commitment.
B. What you're buying
| Investment Component | Allocation | Purpose |
|---|---|---|
| Leaders Fund I | 30% | Top 3% emerging Fund II/III managers with proven track records |
| Fast Track Fund I | 25% | Secondary stakes in existing high-performing Fund I managers |
| Opportunity Fund I | 20% | Direct co-investments into breakout portfolio companies |
| Infra One Equity | 15% | Platform infrastructure powering 30+ funds (recurring revenue) |
| Allocator One Equity | 10% | GP economics: management fees + carried interest across all funds |
Total commitment breakdown: 75% fund exposure + 25% platform/infrastructure ownership
C. The structural advantage
Traditional fund-of-funds charge 3% + 30% in stacked fees (1% + 10% at fund-of-funds layer, plus 2% + 20% at underlying GP layer).
Allocator One charges 2% + 20%. Once. No stacking.
On identical underlying performance, this structure delivers 56% more net return to investors by eliminating fee drag.
D. Key investment thesis
The best-performing venture funds are the smallest. Academic research and Allocator One's proprietary data confirm: the top 3% of emerging managers consistently outperform established mega-funds by 2–3x.
Yet these managers remain invisible to most institutional allocators – too small for pension funds, too early for traditional fund-of-funds, too numerous to diligence at scale.
Allocator One solves this through:
- Proprietary deal flow: 1,000+ GP applications reviewed annually; we back the top 1.5%
- Full-stack infrastructure: Infra One compresses 12 months of fund setup into 6 weeks
- Compounding intelligence: Every fund becomes a data node, feeding co-investment pipeline
E. Key terms
| Term | Details |
|---|---|
| Minimum Commitment | €25 million |
| Total Allocation Available | €200 million |
| Expected Holding Period | 10–12 years |
| Target Blended Net IRR | 20–23% |
| Return Composition | 84.4% capital gains / 15.6% dividend yields |
| Fee Structure | 2% + 20% (single layer, no stacking) |
F. Access all fund documents
Browse documentation across all five investment pillars in one unified view. Each pillar's dataroom contains legal documents, financial models, and investor materials.
G. Ask questions about the investment
Have questions about any of the five investment pillars? Our AI assistant can help you navigate the documentation and find answers across all fund materials.