Register for the PWRL Investor Conference Call & Webcast - 09/30/26 1:30 pm PT, 4:30 pm ET
PWRL — Private Tech. Nasdaq Listed.
PWRL team hero

The Team

Powerlaw Fund Adviser, LLC.

16 years of private technology investing. More than 900 transactions and counting.

Powerlaw builds on the investment experience of Akkadian Ventures, with a 16-year track record across venture capital and secondaries, providing liquidity to founders, employees, and investors while building a deep origination engine across the private-market ecosystem.

Powerlaw Corp. (Nasdaq: PWRL) is advised by Powerlaw Fund Adviser, LLC, a registered investment adviser under common control with Akkadian Ventures.

Our Pedigree

*All figures as of June 30, 2026. Assets under management represents regulatory assets under management.

$1.55B
Assets under management*
139
Portfolio companies*
59
Portfolio exits*
5,000+
RAISE global network
900+
unique secondary transactions*
16+ yrs
in venture secondaries*

Powerlaw Capital Group’s approach.

  • Permanent Capital

    Built without a traditional fund clock, allowing us to invest with a long-term horizon as companies grow.

  • Private-Market Discipline

    Deep sourcing, diligence and experience across primary and secondary private markets.

  • Public-Market Transparency

    Listed investment vehicles designed around disclosure, governance and consistent reporting.

Leadership

Board of Directors

Fund documents →Trade now →

Frequently Asked Questions

We want to bring as much transparency as possible to accessing private market investing. If you're not finding the answers you're looking for, contact us at Info@PWRL.com.

Powerlaw Corp. (Nasdaq: PWRL) is a listed closed-end fund registered under the Investment Company Act of 1940, offering exposure to leading private technology companies through a single Nasdaq-listed security. It provides daily liquidity, monthly NAV reporting and quarterly portfolio disclosure.

PWRL includes exposure to SpaceX, OpenAI, Kalshi, Databricks, Stripe, Shield AI, Deel, Kraken, Vast Data, Tether, Colossal Biosciences, Mercor, Perplexity, Canva, Rippling, Saronic, Figma and Waymo, all in one Nasdaq-listed stock, as of June 30, 2026. Portfolio holdings are disclosed quarterly, while NAV is reported monthly.

Powerlaw Corp. (Nasdaq: PWRL) is the first product of Powerlaw Capital Group and advised by Powerlaw Fund Adviser, LLC. The firm is backed by Akkadian Ventures' 16-year heritage in private-company secondary markets.

Portfolio holdings are carried at fair value, determined under the Fund's valuation policies with input from independent valuation sources. Inputs include recent primary financings, secondary market transactions and comparable-company multiples.

In an IPO, the Fund's position converts to listed equity, generally subject to a customary lock-up. In a sale, the Fund receives cash, stock, or a mix of consideration. Proceeds are reflected in NAV and may be available for reinvestment or distributions.

No. Shareholders own PWRL; the Fund owns the underlying private positions. Buying PWRL provides economic exposure to the portfolio through a single security listed on NASDAQ.

Powerlaw Corp. publishes monthly NAV and NAV per share, with quarterly portfolio disclosures. All filings are available on PWRL.com and through the SEC's EDGAR system.

Investing in PWRL involves a number of significant risks. Before you invest in PWRL, you should be aware of various risks associated with the investment, including those described in our prospectus. The prospectus contains this and other information about the Fund and is available free of charge at www.PWRL.com. You should carefully consider these risk factors, together with all of the other information included in the prospectus, before you decide whether to make an investment in PWRL.