PRIVATE MARKET INFRASTRUCTURE FOR INSTITUTIONS
Purpose-built secondary market and SPV platform for pension funds, endowments, family offices, and sovereign wealth vehicles. ERISA-compliant. Formally logged. Institutionally structured.
QUALIFIED INSTITUTION TYPES
ERISA-qualified plan sponsors with fiduciary duty structures
Tax-exempt educational institutions with long-horizon mandates
Single and multi-family offices with direct investment authority
Government-controlled investment funds and national reserves
LP vehicles allocating across multiple alternative managers
Licensed intermediaries raising capital for private offerings
BUILT FOR INSTITUTIONAL WORKFLOWS
Live benefit plan investor threshold monitoring per SPV. Auto-queue when 23% threshold approaches.
Per-download document watermarking with entity name, timestamp, and IP. Full audit log producible to regulators.
Formal indication of interest system with anonymous aggregate demand visualization. Price discovery before commitment.
Quarterly NAV statements, capital account reports, and pre-populated K-1 templates. Zero back-office burden.
Standing right to co-invest at identical terms on all SPVs above $5M. Auto-pitched within 24 hours of posting.
Secondary liquidity requests matched against retail First Right demand pool. 1.5% facilitation fee, no AUM minimum.
COMPLIANT BY DEFAULT
All offerings structured under Rule 506(b) or 506(c). Accreditation verified at subscription. No general solicitation for 506(b) vehicles.
Benefit plan investor percentage tracked in real time. Automatic gating at 23% to prevent crossing the 25% threshold.
Chasm operates as a finder under applicable state exemptions. Introduction-only; settlement occurs off-platform through attorney escrow or DTC.