A marketplace for institutional investors to take long and short private company positions with synthetic derivatives
Caplight enables institutional investors to transact in the private markets using derivative products commonly used in the public markets like call and put options
Buy Call Options to gain bullish exposure and create leverage by only outlaying option premium or sell Call Options to hedge without selling and generate income on covered positions
Buy Put Options to insure unrealized returns on owned stock and hedge without selling or sell Put Options to create a bullish position and generate income
Use Synthetic Trades in long positions to provide synthetic upside exposure when no 'physical' liquidity exists or short positions to hedge owned stock or outright short.
Transact with Caplight or a major Investment Bank as your counterparty, preserving your identity in the market.
Investors can use options to create levered positions with reduced cash outlay
Use multi-leg derivative products to meet specific income, tax optimization or return targets
We're backed by:
Caplight by the numbers
Total client private assets under management
Orders and indications of interest on Caplight
Average Caplight order size
“Caplight is developing tech to enable institutional investors to take long and short private company positions via synthetic derivatives, so whether or not they own any actual shares in certain startups, they can bet on their rise or fall."
"It's incredibly hard to hedge a startup portfolio. Caplight will provide a marketplace of options for investors to hedge portfolio risk... This ultimately should increase risk appetite, funneling more money into the early stages."
"An untapped... underserved opportunity, to enable institutional investors like hedge funds, family offices, endowments, pensions... to use options & derivatives... in the private markets"
It’s likely we’ll see a new generation of private market exchanges formed to meet this growing need for liquidity — and that they will begin as software."
"I’m particularly interested in [Caplight’s] plans to enable income to be generated on private company stock by selling out of the money option contracts. One to watch."
“Caplight is developing tech to enable institutional investors to take long and short private company positions via synthetic derivatives, so whether or not they own any actual shares in certain startups, they can bet on their rise or fall."
"It's incredibly hard to hedge a startup portfolio. Caplight will provide a marketplace of options for investors to hedge portfolio risk... This ultimately should increase risk appetite, funneling more money into the early stages."
"An untapped... underserved opportunity, to enable institutional investors like hedge funds, family offices, endowments, pensions... to use options & derivatives... in the private markets"
It’s likely we’ll see a new generation of private market exchanges formed to meet this growing need for liquidity — and that they will begin as software."
"I’m particularly interested in [Caplight’s] plans to enable income to be generated on private company stock by selling out of the money option contracts. One to watch."
Caplight is changing private market investing. The world’s most sophisticated investment managers have already started utilizing our risk management products. Join us and contribute to the evolution of private markets.
