Cathie Wood Hints at New Fund With Private Investments

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The Street

By Dan Weil Asset manager Cathie Wood hinted that she’d start up a fund that would include private investments. Cathie Wood of Ark Investment Management, whose flagship Ark Innovation ETF (ARKK) – Get ARK Innovation ETF Report is off 73% from its February 2021 peak, on June 9 dropped hints that she would soon start up a crossover fund. It would include both public and private investments. “We’re [the] closest to a venture capital fund in the public equity markets, and we’re going to start a crossover fund,” Wood she said in an interview with Bloomberg. She said she couldn’t say more for regula…

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