What Ulysses Capital does

Ulysses Capital is a privately held investment management firm that operates a diversified multi-asset platform spanning six strategies: an Activist Fund and a Long/Short Fund focused on global equities in technology, healthcare, and telecommunications; a Real Estate portfolio of commercial and residential equity and mortgages; a Commodities Fund trading crude oil, refined oil, agricultural products, and natural gas; a Venture Capital Fund that invests $50,000 to $1 million in seed and pre-Series A rounds with follow-on capacity up to $10 million through IPO; and a Fixed Income / Debt product covering corporate, high-yield, and convertible bonds plus credit derivatives. The firm markets itself as long-term patient capital without LP constraints or fund maturity deadlines, distinguishing its offering from traditional time-bound venture funds.

The firm supports its strategies with a documented six-step investment process — market research, quantitative analysis and modeling, due diligence, portfolio construction, execution, and performance monitoring — and claims proprietary risk management statistical models as a differentiating analytical layer. Its publicly disclosed portfolio of 15+ equity holdings (Polestar, Kbank, Musinsa, D&D Pharmatech, Medical IP, Nexteye, and others) skews heavily toward Korean companies, consistent with a Seoul-anchored operational presence alongside references to a New York base.

Ulysses monetizes through conventional investment management economics: management fees and performance-based incentive fees on capital deployed across the six strategies, plus transaction-driven returns from its venture and commodities books. Customer-facing capital is directed at two principal segments — early-stage and growth-stage startup founders seeking flexible patient capital, and institutional or sophisticated investors subscribing to the firm's fund products. Public fee structures, AUM, and revenue are not disclosed, and the firm maintains a minimal public marketing footprint limited to its corporate website.

Name

Ulysses Capital

Legal name

Ulysses Capital

Website

https://ulyssescap.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Ulysses Capital is a private investment management firm operating six strategies across equities, real estate, commodities, venture capital, and fixed income, serving startup founders with $50K–$10M of patient capital and institutional investors via fund products, with a Korea-anchored portfolio of 15+ companies.

Ownership category

akta.pro rank

Product category

Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Venture Capital Fund-of-Funds / Multi-Manager Platforms (FSANAAAJ)

akta.pro secondary industries

Fund of Funds & Multi-Manager Mutual Funds (FSAAAEAL), Real Estate Funds — Opportunistic / Development (FSANAEAI), Private Markets Fund of Funds (PE / VC / Private Credit FoF) (FSAHAKAF)

Keywords

• Investment management services
• Venture capital funds
• Equity fund management
• Alternative asset investing
• Fixed income investing

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Venture Capital Returns: Ulysses Venture Capital Fund invests in startups with $50,000 to $1 million seed/pre-Series A rounds and follow-ons up to $10 million, generating returns through capital appreciation and successful exits.
2. Equity Fund Management: Activist Fund and Long/Short Fund strategies across technology, healthcare, and telecommunications sectors generate returns through equity investments and active portfolio management.
3. Real Estate & Commodities Trading: Real estate portfolio includes equity and collateralized mortgages in commercial and residential properties. Commodities fund specializes in crude oil, refined oil, agricultural products, and natural gas trading.
4. Fixed Income / Debt Investments: Alpha and stable income generation via corporate bonds, high-yield bonds, convertible bonds, and credit derivatives, leveraging central bank insight and in-depth credit analysis.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels1 record

Core offering

Ulysses Capital is a diversified investment management firm that deploys capital across equities (Activist Fund, Long/Short Fund), real estate, commodities (crude oil, refined oil, agricultural products, natural gas), venture capital ($50,000 to $10 million for seed to IPO), and fixed income/debt instruments. The firm targets above-market returns through proprietary risk management statistical models, a six-step research-to-execution process, and long-term patient capital deployment across multiple asset classes and global markets.

Product overview

Ulysses Capital is an investment management firm offering a diversified suite of investment products across multiple asset classes. The firm operates six core investment strategies: two equity funds (Activist Fund and Long/Short Fund) focused on global market opportunities; a Real Estate Portfolio handling commercial and residential properties; a Commodities Fund trading crude oil, refined oil, agricultural products, and natural gas; a Venture Capital Fund providing $50K–$10M financing for early-stage startups; and a Fixed Income / Debt product generating returns through bonds and credit derivatives. These strategies are supported by a rigorous six-step investment process encompassing market research, quantitative analysis, due diligence, portfolio construction, execution, and performance monitoring.

Differentiator

Problem solved

Functional benefit

Brands

• Ulysses Activist Fund: An activist equity fund providing talented financial professionals with tools and access to discover undervalued assets and execute efficiently.
• Ulysses Long/Short Fund
• Ulysses Venture Capital Fund

Products and services

• Ulysses Activist Fund Equity investment strategy that discovers undervalued assets using proprietary risk management statistical models, performs in-depth due diligence, and executes efficiently in any market condition; designed for institutional and professional investors seeking alpha generation.
• Ulysses Long/Short Fund Flagship fundamental alpha-generating equity fund that deploys team members across technology, healthcare, and telecommunications sectors worldwide to identify long and short investment opportunities.
• Real Estate Portfolio Real estate portfolio including equity and collateralized mortgages in both commercial and residential properties for investors seeking diversification into real assets.
• Commodities Fund Fund specializing in crude oil, refined oil, agricultural products, and natural gas trading, with portfolio managers experienced in both physical and financial commodities markets.
• Ulysses Venture Capital Fund
• Fixed Income / Debt

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• KKR: Global alternatives firm operating PE, real estate, credit, and hedge fund strategies. Comparable to Ulysses's six-strategy structure but at vastly larger scale and broader institutional reach.
• SoftBank Vision Fund: Large-scale, multi-region venture platform investing flexible, long-duration capital in technology companies. Comparable to Ulysses's 'patient capital' positioning and willingness to follow on through IPO.
• Mirae Asset Financial Group: Korean financial conglomerate with asset management, securities, venture, and alternatives businesses. Comparable as a much larger Korea-rooted multi-strategy investment platform spanning equities, alternatives, and VC.
• Carlyle Group: Global investment firm across private equity, real assets, credit, and hedge funds. Comparable to Ulysses's multi-asset approach as a broad incumbent in the alternatives platform space.

Direct peers

• AlpInvest Partners: Private markets multi-manager platform managing fund-of-funds, co-investment, and secondary programs. Comparable as a multi-strategy private markets platform with similar institutional orientation.
• Atinum Investment: Korea-based venture and growth investor with cross-border deal flow. Comparable as a smaller Korea-rooted platform that combines early-stage venture with selective growth investments.
• IMM Investment: Korean alternative investment manager operating across venture, growth, buyout, and credit strategies. Comparable to Ulysses's multi-strategy, Korea-rooted platform serving both equity and credit investors.
• StepStone Group: Private markets investment platform offering fund solutions, co-investments, and direct investments. Comparable to Ulysses's diversified platform structure across private market strategies.
• Hamilton Lane: Multi-manager private markets platform with customized portfolios and fund-of-funds, co-investment, and direct investment capabilities. Comparable to Ulysses's 'multi-manager platform' positioning with private market exposure.
• Korean Investment Partners: One of Korea's largest venture capital firms with a multi-stage, multi-sector approach. Directly comparable as a Korea-anchored, multi-strategy investment platform overlapping with Ulysses's venture and growth strategies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments8 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ulysses Capital