Fund Information

Structured for aligned,
long-term capital.

KapStone operates as a [fund structure — placeholder, e.g., Delaware Limited Partnership]. The structure is designed to align GP and LP interests over a multi-year horizon, with fee terms that reward performance rather than assets under management.

Key terms

Fund Vehicle

Delaware LP — placeholder

Strategy

Multi-Asset

Equity · Digital · Private Credit

Target Fund Size

$[X]M — placeholder

Management Fee

[X]% — placeholder

Charged annually on committed capital

Performance Fee

[X]% — placeholder

Subject to hurdle rate and high-water mark

Hurdle Rate

[X]% — placeholder

Preferred return before carry is earned

Minimum Investment

$[X] — placeholder

Lock-Up Period

[X] years — placeholder

With quarterly liquidity windows thereafter

Vintage Year

2026

Fund structure

KapStone [Fund Name — placeholder] is organized as a [entity type — placeholder] under the laws of [state/jurisdiction — placeholder]. The General Partner is KapStone Digital Associates LLC. The fund is managed pursuant to the terms of the Limited Partnership Agreement and Confidential Private Placement Memorandum.

The fund administrator is [Administrator — placeholder]. Audited financial statements are prepared annually by [Auditor — placeholder]. Fund custody is maintained at [Custodian — placeholder].

Investor eligibility

Qualified as an Accredited Investor under SEC Rule 501 of Regulation D — individual net worth exceeding $1,000,000 (excluding primary residence) or annual income exceeding $200,000 ($300,000 joint) in each of the two most recent years.
Qualified as a Qualified Purchaser under Section 2(a)(51) of the Investment Company Act — individual or family-owned business owning not less than $5,000,000 in investments.
Completion of KapStone's standard know-your-customer (KYC) and anti-money-laundering (AML) review prior to admission as a limited partner.
Execution of all applicable subscription documents and acknowledgment of the Confidential Private Placement Memorandum.

This page does not constitute an offer to sell or a solicitation of an offer to buy any securities. Interests in the fund are offered only to eligible investors pursuant to the fund's Confidential Private Placement Memorandum. Please review the full legal disclosures before submitting interest.

Documents

Confidential Private Placement Memorandum (PPM) Available upon qualification

Limited Partnership Agreement (LPA) Available upon qualification

Subscription Agreement Available upon qualification

Due Diligence Questionnaire (DDQ) Available upon request

Fund Audited Financial Statements Issued annually to LPs

Quarterly Investor Letters Issued to LPs

How to invest

Submit your interest

Complete the brief interest form. We review all submissions and respond within [X] business days — placeholder.

Introductory call

A member of the KapStone team will schedule a call to discuss your objectives, confirm eligibility, and answer preliminary questions about the fund.

Access the data room

Qualified investors receive access to the fund's secure data room, including the PPM, LPA, and supporting materials for full due diligence.

Complete subscription

Execute subscription documents, complete KYC/AML review, and fund your commitment according to the closing schedule.

Structured for aligned,long-term capital.

Submit your interest

Introductory call

Access the data room

Complete subscription

Ready to take thefirst step?

Structured for aligned,
long-term capital.

Ready to take the
first step?