Portfolio

Portfolio

What we hold

What we actually hold

We select the managers, build exposure to the companies underneath them, and invest directly where our own conviction is strongest.

25+

Venture managers backed

25+

Venture managers backed

1000+

Underlying portfolio companies

1000+

Underlying portfolio companies

3

Pacenotes funds since 2022

3

Pacenotes funds since 2022

10+

Managers backed across multiple vintages

10+

Managers backed across multiple vintages

Portfolio vantage point

A layered view that compounds conviction

Each position gives us a different view of the same market.

Emerging managers surface new networks and company formation early. Established managers add depth and pattern recognition. Direct co-investments let us concentrate capital where those signals reinforce our own conviction.

01 — Emerging managers · 500+ underlying companies

02 — Established managers · later-stage access

03 — Direct co-investments · selective positions

Fund vintages

Vehicles

Pacenotes is built across successive vintages, with each vehicle extending the same underlying manager relationships and portfolio-building process.

Fund

Fund

Vintage

Vintage

Strategy

Strategy

Status

Status

Pacenotes 1

Pacenotes 1

2022

2022

Core venture strategy

Core venture strategy

Closed

Closed

Pacenotes 2

Pacenotes 2

2025

2025

Core venture strategy

Core venture strategy

Deploying

Deploying

Pacenotes 3 Breakout

Pacenotes 3 Breakout

2025

2025

Emerging managers

Emerging managers

Closed / Deploying

Closed / Deploying

SPVs

SPVs

2023

2023

Ongoing direct opportunities

Ongoing direct opportunities

Ongoing

Ongoing

One strategy. Broader venture access.

Access to leading managers, direct co-investments and the companies they reach first.

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Pacenotes, Amsterdam, the Netherlands.

Nothing on this site is an offer to sell or a solicitation to buy any security. Information is provided for discussion purposes only and is directed at professional and qualified investors. Past performance is not indicative of future results.

PACENOTES

© 2026 Pacenotes All Rights Reserved

Pacenotes, Amsterdam, the Netherlands.

Nothing on this site is an offer to sell or a solicitation to buy any security. Information is provided for discussion purposes only and is directed at professional and qualified investors. Past performance is not indicative of future results.

PACENOTES

© 2026 Pacenotes All Rights Reserved

Pacenotes, Amsterdam, the Netherlands.

Nothing on this site is an offer to sell or a solicitation to buy any security. Information is provided for discussion purposes only and is directed at professional and qualified investors. Past performance is not indicative of future results.

PACENOTES

© 2026 Pacenotes All Rights Reserved