One of the First in Secondaries
Ben Black and Pete Smith launched Akkadian Ventures to buy direct secondary shares from employees, founders, and early investors – when the market was still < $20B and largely unproven.
A Public Venture Capital Fund built by Venture Capitalists. Only for Everyone.
A curated portfolio of private technology companies that you probably already know. Now available in one stock, tradable on Nasdaq. Powerlaw Corp. (Nasdaq: PWRL) is the flagship fund from Powerlaw Capital Group, an asset management firm building a publicly-listed platform for private technology investing.
Powerlaw Corp. (Nasdaq: PWRL) seeks to provide investors with exposure to leading private technology companies through a single Nasdaq-listed security. PWRL is a listed closed-end fund registered under the Investment Company Act of 1940. It provides daily liquidity, monthly NAV reporting, quarterly portfolio disclosure, independent governance, and the disclosure standards of a registered investment company.
Powerlaw Corp. offers the access you've been wanting with the wisdom you've been waiting for. As more of the world's most consequential technology companies stay private longer, an entire generation of investors has been locked out of the value creation those companies represent.
Powerlaw Corp. (Nasdaq: PWRL) is built to change that as a Nasdaq-listed fund offering exposure to leading private technology companies through a single ticker. Powerlaw Corp. is the first product on Powerlaw Capital Group's platform.

Private markets have been institutional-only for a generation. Powerlaw Corp. opens that door by providing exposure to leading private technology companies in AI, software, aerospace and defense, fintech, and digital infrastructure through a single Nasdaq-listed security.

The wisdom of venture capital shouldn’t live behind closed doors. Powerlaw Corp. is built on more than two decades of operational and origination experience inside private technology. The portfolio is advised by Powerlaw Fund Adviser, LLC, and backed by Akkadian Ventures, with 16 years of venture secondary-market relationships across the founders, employees, and investors of the companies that have defined an era.
Powerlaw Corp. (Nasdaq: PWRL) is the first product of Powerlaw Capital Group and managed by Powerlaw Fund Adviser, LLC. The firm is backed by Akkadian Ventures' 16-year heritage in institutional private-company secondary markets.
One of the First in Secondaries
Ben Black and Pete Smith launched Akkadian Ventures to buy direct secondary shares from employees, founders, and early investors – when the market was still < $20B and largely unproven.
Scaling the Secondary Market
Akkadian closes its latest and largest flagship fund: $276M Fund VI to continue building one of the leading direct-secondary platforms in the market.
Expansive Innovation Engine
PWRL begins trading on the Nasdaq Stock Market as the first product of Powerlaw Capital Group. The US Venture Capital Market now exceeds $1.24 Trillion.

RAISE Global Established
Akkadian creates RAISE Global, which becomes one of the leading LP–GP emerging manager conferences connecting forward-thinking allocators with next-generation venture talent.
Powerlaw Capital Group Launches
Powerlaw Capital Group emerges as a platform with the goal of bringing exposure to leading private technology companies into the public market for investors globally.