Fairway Private Equity & Venture Capital Opportunities Fund Announces Third Quarter Results
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CHICAGO ~ Fairway Capital Management, an investment management firm founded by a team of five former colleagues from Adams Street Partners, announced today that the Net Asset Value of their Private Equity & Venture Capital Opportunities Fund increased by 2.59% in the quarter ended September 30th, 2023. The Fund has returned 10.75% and 15.98% for the year-to-date and one-year period respectively, outperforming the S&P 500 index which returned -3.27%, 13.07%, and 21.62% during the same periods. Since its inception on December 29th, 2021, the Fund has returned 2.67%, while the S&P 500 index returned -4.59%.

The Fund is registered under the Investment Company Act of 1940 (the "'40 Act") and provides qualified investors with exposure to venture capital and private equity investments through primary, secondary and co-investment strategies that are typically available only to large institutional investors.

Founding Partner Kevin Callahan commented on their success: "We are pleased with the early performance of the Fund, and the third quarter was another strong quarter... We continue to see very strong deal flow with numerous opportunities across all types of investments- primary, secondary and co-investments- that we believe can generate attractive returns."

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The Fairway team consists of veteran private equity professionals with a collective experience of 100+ years and deep relationships with many leading private equity and venture capital General Partners including Tom Gladden, Kathy Wanner, Laura Milligan, Kai Moon, Lauren Bozzelli, Kevin Callahan and Patrick McGarvey as well as John Callahan who worked at Headlands Tech Global Markets (2015–2021) before joining TD Securities (2021–2023).

As a '40 Act fund, Fairway Private Equity & Venture Capital Opportunities Fund offers greater flexibility than a traditional private equity investment vehicle with immediate exposure to high-quality investments made on a quarterly basis as well as redemption feature allowing for liquidity on a quarterly basis subject to limitations along with Form 1099 tax reporting simplifying tax return process.

Hank Hakewill from Hakewill & Associates is available for media inquiries regarding this release or interviews with Fairway team members at office 847.256.5420 or cell 847.714.6561 or hankhake@yahoo.com

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