What Global Fund does

Global Fund, LLC is a US-based private equity firm founded in 2013 by Managing Partner Ted Kim, specializing in cross-border investments between Asia and the United States. The firm operates a multi-fund platform spanning traditional private equity vehicles (Fund I/WGF I, Fund II/WGF II, Fund III, Target Fund I) and a SPAC franchise (Global Star Acquisition listed on NASDAQ as GLSTU, plus Tribeca Global SPAC Funds I, III, and IV), with combined committed capital exceeding $600 million across vehicles. The firm targets pre-IPO and growth-stage companies with revenue of $5M-$100M and EBITDA-positive platform companies with revenue exceeding $10M, deploying capital through roll-up strategies, strategic acquisitions, and public market execution via SPAC mergers.

The firm generates revenue through management fees and carried interest on its fund vehicles, with capital sourced from institutional investors, family offices, and asset managers. Its go-to-market is relationship-driven, relying on two decades of cultivated relationships across Asia and the United States, with offices in Washington DC, NYC, Singapore, and Zurich, and on-the-ground managing directors in Korea and India. Notable strategic partnerships include a 2019 alliance with a $27.5 billion Asian asset manager, a co-development partnership with 22 Capital Partners for a $750 million real estate project, and a co-founding role in K Enter Holdings Inc., which completed a 2025 merger into NASDAQ-listed K Wave Media (KWM).

The management team blends expertise in private equity, M&A, cross-border transactions, energy, and Bitcoin (Stephen Drew has invested in Bitcoin since 2012). The firm holds a Holdco with 7 Entertainment Assets valued at $610M by KPMG in 2023 and has executed transactions across hospitality, biotechnology, mobility, real estate, and technology sectors. Despite the partnership with Sophia AI AngelVest Fund II, Global Fund is not a technology company and does not develop proprietary AI/ML capabilities—it is an investment firm with a thematic interest in AI, robotics, fintech, and Bitcoin treasury integration.

Name

Global Fund

Legal name

Global Fund, LLC

Website

https://globalfundpe.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Global Fund, LLC is a US-based private equity firm specializing in cross-border Asia-US investments, managing multiple fund vehicles and a SPAC franchise to deploy capital into pre-IPO, growth-stage, and roll-up targets.

Ownership category

akta.pro rank

Product category

Private Equity Fund Management

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399), Other Financial Vehicles (525990)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE)

akta.pro secondary industries

Private Markets Fund of Funds (PE / VC / Private Credit FoF) (FSAHAKAF), Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)

Keywords

• Private equity firm
• Cross-border investments
• Roll-up strategies
• SPAC sponsorship
• Pre-IPO investments

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Private Equity Fund Management: Generates revenue through management fees and carried interest from multiple private equity funds including Fund I, Fund II, Fund III, Tribeca Global SPAC Funds, and Target Fund I. Revenue derived from capital deployment and successful exit of portfolio companies.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Global Fund, LLC is a US-based private equity firm that manages a multi-fund platform consisting of private equity funds (Fund I, Fund II, Fund III, Target Fund I) and SPAC vehicles (Global Star Acquisition, Tribeca Global SPAC Funds I/III/IV). The firm invests in pre-IPO and growth-stage companies with $5M–$100M revenue and EBITDA-positive performance, executes roll-up strategies, and provides cross-border M&A advisory between Asia and the United States. Capital is deployed through direct institutional relationships with family offices, asset managers, and institutional investors.

Product overview

Global Fund LLC is a private equity investment firm that operates a multi-fund platform consisting of private equity funds (Fund I, Fund II, Fund III) and SPAC vehicles (Global Star Acquisition, Tribeca Global SPAC Funds I, III, IV, and Target Fund I). The firm specializes in complex roll-up strategies, combining private market opportunities with institutional capital and public market execution through its SPAC franchise. Target Fund I represents the firm's current flagship fund focused on pre-IPO and growth-stage businesses with revenue of $5M-$100M.

Differentiator

Problem solved

Functional benefit

Brands

• Global Star Acquisition: NASDAQ-listed SPAC (GLSTU) sponsored by Global Fund LLC
• Tribeca Global SPAC Funds
• Global Fund LLC - Target Fund I

Products and services

• Fund I (WGF I) Early-stage private equity fund launched in 2002 focused on equity investments in management teams and scalable platforms, including companies integrating Bitcoin into their capital structure. Combined with Fund II, it managed over US $100 million in AUM.
• Fund II (WGF II) Second private equity fund launched in the 2002-2007 period, combined with Fund I to manage over US $100 million in AUM.
• Fund III - Global Fund LLC Third private equity fund launched in 2015 providing investment and financial consulting services to companies in the U.S. and Asia.
• Global Star Acquisition SPAC A $92 million Special Purpose Acquisition Company (NASDAQ: GLSTU) launched in 2022 by Global Fund, which completed its merger with K Wave Media in 2025 and now trades on NASDAQ under symbol KWM.
• Tribeca Global SPAC Fund I LLC A $50 million SPAC fund launched in 2022 as part of Global Fund's SPAC franchise strategy.
• Tribeca Global SPAC Fund III LLC A $250 million SPAC fund launched in 2023 as part of Global Fund's SPAC franchise strategy.
• Tribeca Global SPAC Fund IV LLC A $92 million SPAC fund launched in 2023 as part of Global Fund's SPAC franchise strategy.
• Global Fund LLC - Target Fund I A $120 million+ committed private equity fund launched in 2024, focused on roll-up strategies and strategic acquisitions of pre-IPO and growth-stage businesses with revenue $5M-$100M and EBITDA positive.

Named customers6 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

Partnerships

Four partnerships are on record, tiered core.

• K Enter Holdings Inc.coreStrategic or Co-development Partner · 10 July 2024K Enter Holdings Inc. is a co-founding partner. In 2025, GLST (Global Star Acquisition SPAC) completed merger with K Wave Media, now trading on NASDAQ under symbol KWM.
• 22 Capital PartnerscoreStrategic or Co-development Partner · 1 January 2019Formed partnership in 2019 to co-develop a $750 million 'Gramercy District' project in Loudoun County, Virginia. Strategic real estate development collaboration.
• Sophia AI AngelVest Fund IIcoreStrategic or Co-development Partner · 1 January 2019Partnership formed in 2019 for co-managing the premier venture capital fund focusing on AI, Robotics, and Fintech in the U.S. and Greater China region.
• Global Star Acquisition I LLCcoreStrategic or Co-development Partner · 1 January 2013Managing Member and Co-founder of Global Star Acquisition I LLC, the sponsoring entity for the US Nasdaq listed SPAC 'Global Star Acquisition Inc'. Ted Kim serves as co-founder.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• KKR: Global PE incumbent with extensive Asia-Pacific operations. KKR's Asia buyout and growth funds overlap with Global Fund's pre-IPO/growth-stage Asia-US thesis and compete for the same family-office and institutional LP capital.
• TPG: Global alternative asset manager with a major Asia franchise. Global Fund advised TPG on its $1B Asia-focused fund in 2014, indicating overlapping Asia-PE client relationships and comparable cross-border M&A advisory scope, though TPG operates at vastly larger AUM.
• Warburg Pincus: Global growth-investment firm with deep Asia operations. Comparable to Global Fund in targeting growth-stage and pre-IPO companies with cross-border exposure and platform-building strategies.
• Bain Capital: Multi-strategy alternative asset manager with significant Asia PE activity. Competes for similar cross-border US-Asia deal flow and operates adjacent fund-of-funds and SPAC-related capabilities.

Direct peers

• Churchill Capital Corp: SPAC sponsor focused on cross-border and tech-enabled mergers. Closely comparable business model to Global Fund's Tribeca Global SPAC Fund series and Global Star Acquisition (GLSTU).
• Affinity Equity Partners: Asia-focused mid-market PE firm executing control buyouts and growth investments, often with cross-border structures. Closely comparable to Global Fund's Asia-centric, mid-market, control/private-equity orientation.
• ClearVue Partners: US-Asia cross-border growth equity firm. Directly comparable niche focus to Global Fund's Asia-US deal-sourcing and growth-stage investment mandate.
• Crescent Point Capital: Asia-focused alternative asset manager with public-market and PE capabilities. Comparable to Global Fund's hybrid PE/SPAC franchise targeting Asia-US cross-border opportunities.
• Headland Capital Partners: Asia mid-market PE firm with cross-border deal experience between Asia and developed markets. Comparable size and strategy profile to Global Fund's Target Fund I ($120M+) and SPAC-adjacent platform.
• Argand Partners: US-Asia lower-mid-market PE firm pursuing buyouts and platform investments. Similar in scale and cross-border orientation to Global Fund's mid-market roll-up strategy.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tribeca-global-spac-fund

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Global Fund