In his recent interview on SliceFund, Partner/CEO of the Cashmere Fund’s sub advisor Elia Infascelli shared his personal career journey and why he chose to shift from the entertainment industry to venture capital:

From Entertainment to VC

Based in LA, Elia’s career began in the entertainment industry. He spent 17 years at Endeavor, where he built and led the Brand Ventures business. His skillset in storytelling, brand building, and audience engagement remained critical assets in the transition to VC – where success often boils down to successful relationships.

Cashmere Fund: A Partnership with Purpose

Elia is now at the helm of Cashmere, the subadvisor to the Cashmere Fund, which is a venture capital fund managed in partnership with Sweater Ventures. The Cashmere Fund is a first-of-its-kind fund that leverages influence to create opportunity and value and offer an innovative way for retail investors to invest in an asset class that has been largely unavailable to retail investors.

What Makes Cashmere Fund Unique?

• Democratizing Access: Cashmere Fund seeks to empower a wider audience to invest in a previously inaccessible asset class, breaking down barriers in venture capital.
• Leveraging Compound Influence™: When influential founders, backers, companies, and the Cashmere community of investors come together, it creates a cumulative effect over time – in which small, individual acts of influence build on one another to create a whole that is greater than the sum of its parts. 
• Embracing DTCVC: The Cashmere Fund is the first direct-to-consumer venture capital fund, allowing investors to truly diversify their portfolios with the VC asset class.

Democratizing Venture Capital

Historically, venture capital has been an exclusive club, often inaccessible to smaller investors who lack accreditation or can’t meet liquidity requirements. As Elia explains on SliceFund, the effort is to disrupt the status quo.

How It Works:

• Accessible Platforms: Cashmere Fund uses a tech-driven platform to allow smaller investments in their venture capital fund.
• Risk reduction through a VC portfolio strategy: Instead of investing in one company at a time, a la angel investing, the Cashmere Fund boasts a portfolio of 35+ companies across sectors in consumer products, healthcare, B2B and Fintech, and consumer technology. 
• Biannual liquidity: Unlike traditional VC in which funds are locked up for long periods of time, Cashmere Fund allows 2 liquidity windows per year.

Why This Matters

Personally, Elia isn’t in this game to just make money—for him and his partners, it’s about shaping the future of investing. Cashmere is paving the way for a new kind of venture capital that prioritizes relevance, the power of networks, and community impact.

Changing the game:

• Empowering Small Investors: A step toward leveling the financial playing field.
• Driving Positive Change: Supporting businesses that are values-driven and forward-thinking.
• Building a Sustainable Ecosystem: Fostering a network of investors and entrepreneurs that reflect diverse perspectives.

To learn more about Elia’s work and the transformative potential of democratized venture capital through the Cashmere Fund, check out his full interview on SliceFund.

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_{This communication and its contents are for informational purposes only and do not constitute an offer to sell or a solicitation of an offer to buy shares of the Sweater Cashmere Fund (the “Fund”). The Fund is managed by Sweater Industries LLC (“Sweater”) as the investment adviser and Forma Cashmere LLC (“Forma Cashmere”) as the sub-adviser.}

_{Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. The prospectus contains this and other information about the Fund and can be obtained by calling 1-888-577-7987 or by visiting the Fund's website at https://www.thecashmerefund.com. Please read the prospectus carefully before investing. All investments involve risks, and past performance is no guarantee of future results.}

_{The content herein is for informational and educational purposes only and should not be construed as investment advice or an offer or solicitation in respect to any products or services for any persons who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile, or residence. The views and opinions expressed during the video podcast that is linked herein, are those of Elia Infascelli and do not necessarily the official policies or positions of the Cashmere Fund.}

_{DTCVC refers to “direct to consumer venture capital” meaning that individual investors have the opportunity to invest directly in The Cashmere Fund without a third-party intermediary.}

_{Some statements herein may express future expectations and forward-looking views based on our current assumptions. Statements about companies, securities, or other financial information represent personal beliefs and viewpoints of Sweater, Forma Cashmere, or any respective third party. These statements may involve known and unknown risks and uncertainties, potentially leading to different results than those implied or expressed. All content is subject to change without notice.}

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_{Forma Cashmere LLC, 166 Geary St., Ste. 1500 #1577, San Francisco, CA 94108}