Zax Capital / Platform / Fund Tracker

Fund Tracker: progress in public, returns in private.

The status, phase and milestones of every Zax strategy. Returns are never shown publicly. They are available to qualified investors only, through the investor login and with the required disclosures.

Status as of October 2026No returns shown
Firm phase

Where Zax is today

Advancement is gated on evidence: revenue quality, track record, operating readiness and capital. The month ranges are illustrative planning windows, not commitments.

PHASE 0FoundationM0–M3 · current
PHASE 1Advisory & ResearchM2–M9
PHASE 2First vehiclesM6–M18
PHASE 3Public equities & scaleM12–M30
PHASE 4Institutional platformM27+
Investor Login

Returns, NAV and reporting live behind the investor login.

Access is limited to verified, qualified investors in the relevant vehicle. Performance will be shown net of fees, with gross and net presented as the Marketing Rule requires.

Strategies
Firm platform

Zax Capital Holdings

Entities, Meridian v1, controls, brand. This is what every strategy depends on.

Phase
Phase 0
Returns
Not applicable
Agent support
Chief of Staff · PMO
In progressMilestones 2/5
  1. Strategy blueprintv1.2 complete
    Complete
  2. Domain securedzaxcap.com
    Complete
  3. Brand & websitezaxcap.com build
    In progress
  4. Entities formedHoldco, Advisory, Research, Mgmt
    Planned
  5. Meridian v1 & controlsAudit log, partitions, policies
    Planned
Milestone progress, not performance40%
Private markets

Zax Co-Invest SPVs

Deal-by-deal vehicles that build an investment record before any blind pool.

Phase
Phase 2
Returns
Investor login only
Agent support
Chief of Staff · PMO
PlannedMilestones 0/5
  1. Gate: fee revenue covers fixed costsPhase 1 exit
    Planned
  2. Series LLC formedCounsel
    Planned
  3. Administrator onboarded
    Planned
  4. First SPV
    Planned
  5. Reporting liveOwner's Desk
    Planned
Milestone progress, not performance0%
Permanent capital

Zax Holdings

Balance-sheet capital for strategic and minority stakes. Firm capital only, at first.

Phase
Phase 2
Returns
Not applicable
Agent support
Chief of Staff · PMO
PlannedMilestones 0/5
  1. Gate: reserve fundedAllocation policy
    Planned
  2. Holdings LLC formed
    Planned
  3. IC charter adopted
    Planned
  4. First position
    Planned
  5. Annual reviewBoard
    Planned
Milestone progress, not performance0%
Private markets

Zax Ventures Fund I, L.P.

A venture fund, with a GP commitment funded from profits.

Phase
Phase 2
Returns
Investor login only
Agent support
Chief of Staff · PMO
PlannedMilestones 0/5
  1. Gate: GP commitment fundedFrom fee profits
    Planned
  2. Fund documentsCounsel
    Planned
  3. Auditor engagedPCAOB-registered
    Planned
  4. First close
    Planned
  5. Investment period
    Planned
Milestone progress, not performance0%
Public markets

Zax Public Equities

A long/short public equity strategy, seeded with firm capital before outside LPs.

Phase
Phase 3
Returns
Investor login only
Agent support
Chief of Staff · PMO
PlannedMilestones 0/5
  1. Gate: PM of record hired5th principal
    Planned
  2. OMS/EMS & prime brokerPre-trade blocks
    Planned
  3. Seeded with firm capital
    Planned
  4. 12-month audited record
    Planned
  5. Outside LPsMaster-feeder if demand
    Planned
Milestone progress, not performance0%
Agentic strategies

Agentic sleeves

AI-augmented systematic or thematic sleeves, with a human PM of record.

Phase
Phase 3+
Returns
Investor login only
Agent support
Chief of Staff · PMO
PlannedMilestones 0/5
  1. Gate: model risk validationIndependent of builders
    Planned
  2. Evaluation harness passed
    Planned
  3. Sleeve within host fund
    Planned
  4. Compliance-approved descriptionNo AI washing
    Planned
  5. Ongoing monitoringDrift, errors
    Planned
Milestone progress, not performance0%
Firm capital only

Zax Principal Strategies

A capped proprietary entity that never takes outside money. Shown for transparency only and not offered to investors.

Phase
Phase 2+
Returns
Not offered
Agent support
Chief of Staff · PMO
PlannedMilestones 0/5
  1. Gate: reserve & GP commitments funded
    Planned
  2. Clean compliance review cycle
    Planned
  3. Separate prime account
    Planned
  4. Pilot (small)
    Planned
  5. Committee review
    Planned
Milestone progress, not performance0%
Disclaimer. This tracker reports operational milestones only. It does not report and does not imply investment performance. No Zax fund or vehicle has launched, and none is offering interests. Milestone statuses are maintained by the Chief of Staff agent and approved by a named principal before publication. Any offering would be made only to eligible investors through definitive offering documents. Past or projected milestones are not indicative of future results. [Placeholder: final language to be approved by counsel and compliance.]

Research notes &
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