Cathie Wood’s Ark Invest has launched a new venture capital fund, targeting individual investors with a minimum investment of just $500. The actively managed ARK Venture Fund invests in 70% private companies and 30% public firms focused on technologically enabled innovation. The fund is available to individual investors initially through investing app Titan, a startup backed by Andreessen Horowitz. Ark Invest’s flagship Innovation Fund (ARKK) has been under water all year as Wood’s disruptive darlings have been some of the biggest victims of rising interest rates.Read Long Article
