One surface for the people who buy, and the people who sell.
Solera serves both sides of a private transaction. Buyers see what is theirs and what is on offer. Sellers bring us a position and we confirm it with the issuer before any price is discussed. This is what the membership looks like from the inside.
Verified members see their portfolio, deal memos, documents and member to member transfers. Nothing is public and every memo states what we do not know.
Members see what is theirs and what is on offer. Nothing else, and nowhere public. Below is the surface itself, with the names withheld.
| Position | Class | Units | Entry | Mark | MOIC | Distributions |
|---|---|---|---|---|---|---|
| Common | 12,400 | 4.10 | 6.55 | 1.60 | 2 of 3 tranches | |
| Common | 3,075 | 18.00 | 18.00 | 1.00 | none | |
| Preferred B | 840 | 62.25 | 71.80 | 1.15 | 1 of 3 tranches |
Marks state their basis. Distributions are shown as tranches with dates, never as a single realized number.
See what an early position could have become.
Defense technology · latest mark $28B (2025)
Entry at $1B (2019), against a $28B mark in 2025.
Illustrative only. Figures are approximate and compiled from publicly reported valuations. This is not an offer, a forecast or investment advice. Past performance does not indicate future results. Private investments are illiquid and can lose their entire value.
Hold a position you want to sell down?
We buy part of a position, not all of it. We read the stock purchase agreement before any price is discussed and obtain written confirmation from the company or its transfer agent that a transfer would be recognized on its books. We will not proceed without it.
Solera is a private membership. Apply and every application is reviewed by hand.