Social Capital

The Social+Capital Partnership, L.L.C., founded in 2011 by Chamath Palihapitiya, is a technology investing platform headquartered in Menlo Park, CA. Specializing in venture capital-oriented pooled investment vehicles, the firm deploys capital in the private market to identify emerging technology trends and partner with entrepreneurs solving global challenges. With approximately $1.49 billion in regulatory assets under management, the firm offers tailored advisory services to achieve each fund's investment objectives, exercising investment discretion to select portfolio companies and determine exit strategies. Fees are negotiable, typically including an annual management fee during the investment period and performance-based compensation. The firm acts as a fiduciary, aligning its interests with clients and complying with the Advisers Act. Investment strategies focus on building brands, leveraging expertise, and supporting portfolio companies for successful outcomes. Risks include concentration of investments, venture capital investments, new technologies, and uncertain economic environments. The firm has no disciplinary history, engages in fair brokerage practices, and maintains custody of assets with a qualified custodian. Clients receive regular performance reports and the firm exercises investment discretion on behalf of clients. The firm does not accept directed brokerage or provide economic benefits for client referrals. The firm's financial condition is stable, with no bankruptcy history in the last ten years.