Global Alts Launched Unicorn Tech Fund III to Invest in Promising Technology Unicorns

Global Alts Introduces Unicorn Tech Fund III

On December 17, 2025, Global Alternative Investment Management LLC, known as Global Alts, announced the opening of its latest endeavor, Unicorn Tech Fund III. This new private investment fund aims at giving qualified investors access to late-stage and high-growth technology companies, often referred to as "unicorns". With the aim of reshaping global markets, the fund focuses on transformative technology investments which align with Global Alts’ existing strategies.

Having previously launched Unicorn Tech Funds I and II, the management team is seeking to build on their success by offering diverse portfolios in private technology companies and related venture funds that benefit from disruptive innovations, especially in artificial intelligence and other emerging technologies.

Global Alts has a rich history in managing alternative investments, having successfully raised six prior funds, amounting to nearly $40 million, since spinning out from Endowment Wealth Management, Inc. This includes a recent targeted investment in Groq, an AI infrastructure company, which raised $640 million in a Series D funding round.

A Strategic Approach to Investment

Prateek Mehrotra, Global Alts' Chief Investment Officer, expressed optimism about the fund, stating, “With Unicorn Tech Fund III, we are building upon our focused approach to identify unique private technology opportunities.” He emphasized the abundant innovation within the private technology ecosystem, particularly with the advancements in generative AI and its impact on various industries. When these technologies are integrated within businesses, they can create tremendous growth opportunities for investors.

The firm recognizes the significant demand for mid to late-stage private capital resulting from rapid shifts in technology such as cloud modernization, automation, and AI adoption. As these technologies continue to evolve, they present remarkable opportunities for investors looking to capitalize on this growth.

Adapting to Investor Needs

Robert Riedl, a managing member at Global Alts, noted that Unicorn Tech Fund III is a natural step in the evolution of their fund management business. High-net-worth investors are increasingly seeking access to private market opportunities outside traditional sources. The company's dedicated fund platform streamlines the process while providing a high-touch experience that investors value.

Global Alts is recognized as a private fund management company that caters to accredited and qualified investors, alongside institutional and non-profit entities. The firm specializes in opportunistic investments spanning global private markets, including venture capital, private equity, and co-investment strategies. With a seasoned investment team boasting over 25 years of experience, Global Alts is well-positioned to navigate the complexities of differential investment opportunities.

In summary, the launch of Unicorn Tech Fund III signifies a commitment to harnessing the potential of transformative technologies that define our time. As the demand for innovative solutions grows within the technology space, investors are presented with an exclusive opportunity to be a part of this dynamic industry landscape.

For more details about Global Alts and the Unicorn Tech Fund III, interested parties can visit Global Alts' website.