Does this fund have a target life (e.g., 10 years) or is it an evergreen strategy?

This fund is an evergreen strategy. We believe the best companies tend to generate outsized returns beyond the typical ten-year fund life. Whereas venture capital investors take advantage of companies’ value creation in the private market, and public equity investors of companies value creation in the public markets, as an evergreen cross-over fund, the ARK Venture fund participates in companies’ value creation throughout their life cycle, from early stage in the private, to potentially mega cap in the public markets.