Adit Ventures Management manages private investment funds, making investment decisions tailored to each fund's objectives. Adit focuses on obtaining equity in rapidly growing, privately held companies that are approaching profitability. Some funds are diversified, while others are special purpose vehicles focused on a single company. Adit's investment strategy is speculative and entails substantial risks.
Adit Ventures manages investments for private funds, not individual investors. The funds pay Adit a management fee ranging from 1% to 2% per year based on investor capital contributions. This fee is paid in advance on a quarterly basis. The funds also reimburse Adit for various expenses.