Third Salt Venture Fund: Fueling Growth for High-Potential Brands

Third Salt deploys capital across real estate, durable consumer brands, and select frontier ventures where experienced operator leadership, behavior-anchored demand, and disciplined governance drive consistent, cycle-resilient outcomes.

Preservation of capital and durable value creation are the primary focus; a strategy that avoids speculative drag, forced pacing, and arbitrary cash-flow pressure in favor of patient, operator-led compounding.

Unlike private equity strategies constrained by sector silos, benchmark pressure, or short-term yield targets, Third Salt Venture Fund operates across sectors where the General Partners have privileged access, earned trust, and the ability to act decisively.

Opportunities are often limited, relationship-driven, and unavailable to pooled capital vehicles that require scale, speed, or leverage to perform. The fund is structured to remain nimble: participating selectively in transactions where governance rights, operational oversight, and downside controls are clearly defined.

The objective is not to outperform benchmarks through leverage, but to reduce downside risk and compound real value over 3, 5, 7, and 10-year horizons through disciplined execution.

Request Allocation Consideration

Our Focus, Sectors & Stage Targets

Target: early-stage real estate, CPG, and frontier businesses tied to daily behavior.

Priority: wealth preservation and cash flow; upside through scale, not speculation.

Stage: where disciplined operators can shift outcomes, not lottery tickets.

Fund Basics

Structure (summary)

Target fund size: $25M
Expected life: 10 years (5-year investment period, plus extensions as defined in the PPM)
Minimum commitment: $100,000 per investor
Eligibility: Offered under Regulation D, Rule 506(c) to accredited investors only; third-party accreditation verification is required before subscription.
Fees: Standard private equity–style management fee and carried interest; see the current Private Placement Memorandum for exact economics, hurdles, and waterfalls.
Qualified accounts: Capital may be committed from taxable entities or, where permitted, through self-directed IRA and rollover structures (including 401(k) rollovers) working with qualified custodians and your advisors.
Digital asset contributions: Select digital assets (for example, Bitcoin) may be contributed via institutional custody partners and converted to U.S. dollars for deployment; all investors complete the same accreditation, subscription, and KYC/AML process as cash investors.

This summary is for informational purposes only and does not modify or replace the terms set out in the Fund's governing documents. Investors should review the PPM and consult their own legal, tax, and retirement-plan advisors before committing capital.

Portfolio Construction

60% target allocation to real estate-backed or hard-asset projects.

40% to consumer and frontier brands tied to essential behaviors.

Portfolio Allocation

Third Salt Venture Fund Allocation Explorer

Third Salt is an operator-led fund allocating capital across real estate and consumer businesses where governance, sequencing, and operator judgment materially influence outcomes.

Real Estate Thesis

We invest alongside proven operators where value is created before stabilization: at entitlement, design, capitalization, and operational handoff. The emphasis is on collateral-backed projects with multiple exits, governed by downside-first underwriting rather than financial engineering. Read the full Real Estate thesis.

Consumer / CPG Thesis

We invest in consumer brands where operational discipline, distribution design, and brand architecture (not ad spend) drive durable outcomes. We prioritize repeat purchase behavior, clean unit economics, and clear GP involvement in execution. Read the full Consumer & CPG thesis.

To use this, pick a hypothetical commitment amount (for example, $100,000 or $250,000) and apply the percentage ranges below. This helps clarify exposure by theme and project type rather than promising any specific outcome.

Example Exposure	Balanced (Real Assets + Behaviors)	Real Estate Emphasis	Consumer / CPG Focus	Frontier & Culture Strategy
Central Oregon, USA (Real Estate)	≈ 15% of commitment	≈ 20% of commitment	≈ 20% of commitment	≈ 10% of commitment
Central Pacific Conservation Area, CR (Destination / Wellness RE)	≈ 15%	≈ 5%	≈ 15%	≈ 20%
Specialized Real Estate, USA (Niche Income RE)	≈ 30%	≈ 35%	≈ 30%	≈ 30%
CPG / Pet Online D2C	≈ 15%	≈ 10%	≈ 10%	≈ 5%
Consumer / National Footwear and Apparel	≈ 15%	≈ 15%	≈ 20%	≈ 5%
Consumer / Pro Fandom Culture	≈ 10%	≈ 15%	≈ 10%	≈ 30%

To estimate dollar exposure, multiply your potential commitment by the percentages above. These are illustrative only and do not represent final allocations, deal selection, or performance.

Nothing on this page constitutes an offer to sell or a solicitation of an offer to buy any security. Any such offer or solicitation will be made only through official offering documents for Third Salt Venture Fund.

Allocator — Illustrative Return Scenarios (5–7 Year Hold)

Sensitivity views only. Illustrates how a steady base case and a small asymmetric sleeve can influence outcomes. This is not a forecast, promise, or offer.

Inputs (Illustrative Basis)

Illustrative investment amount (minimum example)

Holding period (years)

Base assumption for non-outlier capital: 12% IRR. Outlier sleeve: 5% of fund. Simplified gross math (excludes fees, expenses, taxes, and carried interest).

Scenario Selector

A = steady target. B = steady + plausible breakout. C = steady + outlier sensitivity (CPG IRR slider).

Scenario A — Steady Target Outcome

100% @ 12% IRR

Illustrates an all-deals-track-at-target outcome over the selected holding period.

Ending value (illustrative)

$—

Uses (1 + 0.12)^years.

Gross multiple (MOIC)

—x

Ending value ÷ initial.

Implied IRR

12.0%

Assumed constant for this scenario.

Scenario B — Steady Target + Plausible Breakout

95% @ 12% IRR + 5% @ 15x MOIC

Keeps most capital compounding at 12% IRR while modeling one breakout as a MOIC event rather than an extreme IRR (Multiple on Invested Capital).

Ending value (illustrative)

$—

95% compounds; 5% applies a 15x multiple at exit.

Gross multiple (MOIC)

—x

Ending value ÷ initial.

Implied blended IRR

—%

Back-solved from ending value and hold length.

Scenario C — Outlier Sensitivity (CPG IRR Slider)

95% @ 12% IRR + 5% @ CPG IRR (50%–400%)

Sensitivity view only. The slider adjusts the CPG sleeve IRR from 50% to 400%. At high settings the outputs can become mathematically extreme; treat as convexity illustration, not expected value.

Ending value (illustrative)

$—

95% compounds at 12%; 5% compounds at selected CPG IRR.

Gross multiple (MOIC)

—x

Ending value ÷ initial.

Implied blended IRR

—%

Back-solved from ending value and hold length.

CPG sleeve IRR (Scenario C)

50%400%

CPG IRR: 200%

Interpretation note: for sensitivity math only, “IRR” is treated as a constant annual compound rate for the sleeve over the selected holding period.

Important: This allocator is for informational illustration only and does not represent actual results, performance projections, or any guarantee. Assumptions are simplified and exclude fees, expenses, taxes, and carried interest. Any operating-case examples are unaudited and may be based on estimates. This summary is qualified in full by the Fund’s Private Placement Memorandum.

Governance and LP Rights (Summary)

Defined manager authority and investment committee oversight.

Key-man and removal provisions protecting LPs from inactive or impaired managers.

LPAC or advisory group consultation for major conflicts and related-party deals.

Alternative Funding Rails

Qualified investors may request allocation using fiat, bank transfer, or approved digital assets. Third Salt maintains institutional custody relationships that enable compliant onboarding, verification, and settlement in supported cryptocurrencies without requiring self-administration or technical expertise. This infrastructure does not alter the Fund’s strategy; it simply removes friction for investors who hold a portion of their assets in digital form.

Digital asset contributions are subject to the same accreditation, suitability, and documentation requirements as any other commitment.

Investing Steps

Funding Flow

Request allocation consideration — submit basic information and interest level.
Accreditation verification — documentation reviewed by approved third-party provider or legal support.
Subscription package execution — including Operating Agreement, PPM, and subscription documents.
Funding instructions issued — bank wire or approved digital asset rails.
Custody confirmation — capital received, processed, and reconciled into Fund accounts.
Onboarding complete — investor added to communication cadence for reporting and K-1s.

Capital is not accepted until documentation is complete. Digital asset contributions follow the same accreditation, subscription, and custody requirements as traditional funding and do not alter the Fund’s investment process.

Reporting and Operations

Quarterly letters and standardized financial reporting.

Annual K-1s and third-party administration where applicable.

Data room access for diligence, including PPM and subscription documents.

Offering Status

Third Salt Venture Fund is offered under Regulation D Rule 506(c) to accredited investors only.

Interests are illiquid and subject to loss.

Review the PPM and consult your advisors before making any commitment.

Request Allocation Consideration

Still have questions? View the FAQ

Proceed to Investor Portal

Secure onboarding, accreditation, and funding