Performance dashboard
The live state of both books — public securities marked to market, private deals carried at current marks — measured against the S&P 500 with dividends reinvested.
Data table
| Currency | Exposure | Share | Pair +1 unit | Pair −1 unit |
|---|
Firm-level operating expenses, cash basis, Nakano and Centerpitch combined — not netted against either book's returns above. Expected year-end spend uses the quarterly reports' annualization: lumpy items (accountant and state fees, client entertainment, internal events) held at actuals, the rest scaled by day-count.
Both books over their common window — 24 May 2019, the public book's first trading day, through the as-of date — chained daily time-weighted returns, directly comparable to an index.
| Book | Total return | Annualized | S&P 500 | Spread |
|---|
The private book enters the common window at its then-carrying value; transfers between the books are netted as internal. Over the full history (since April 2016) the overall book is time-weighted — the early years carry the entry haircuts of a small, all-private base. Sleeve-level economics — every deal, multiple, and IRR — are on the record page.