For professional investors only. Not intended for retail distribution.
Abbey Road Funds
All Funds
Active
Segregated Portfolio Company (SPC)
Bermuda

Abbey Road Disruptor Investments

The strategy seeks long-term capital appreciation by investing in companies developing and scaling transformational technologies that are reshaping global industries. The portfolio includes SpaceX, which has completed its IPO and is expected to deliver 7–10x returns for the strategy. The strategy accepts higher volatility in pursuit of asymmetric returns from category-defining innovators.

Investment Focus

  • Artificial Intelligence & Machine Learning
  • Quantum Computing
  • Space & Aerospace Infrastructure
  • Defense & Security Technology
  • Select Fintech and Deep-Tech Infrastructure

Current Portfolio

The portfolio holds companies across multiple sectors, including category-defining leaders such as:

SpaceX logoSpaceXPublic space launch and satellite internet (IPO'd; expected 7–10x return potential)Anduril logoAndurilDefence technology and autonomous systemsScale AI logoScale AIData labelling and AI infrastructure platformPsiQuantum logoPsiQuantumPhotonic quantum computing developerPerplexity AI logoPerplexity AIAI-powered conversational search engineLambda Labs logoLambda LabsGPU cloud infrastructure for AI training and inferenceLonestar logoLonestarLunar data storage and off-world data infrastructureKKalshiRegulated exchange for event-based contractsPhysical Intelligence logoPhysical IntelligenceFoundation models that bring general-purpose AI to roboticsChemify logoChemifyProgrammable robotic chemistry for molecule discovery and synthesisCusp AI logoCusp AIAI-driven discovery of new materialsHorizon3.ai logoHorizon3.aiAutonomous security testing and offensive cyber defence

Key Features

  • Concentrated, conviction-driven portfolio
  • Focus on transformational technologies across multiple sectors
  • Private and late-stage venture opportunities
  • Bermuda SPC structure - segregated asset protection
  • Non-benchmark approach
  • Patient capital strategy

Service Providers

Portfolio Manager: Sparrow Investment Managers Ltd

Management Co: Grammont Management Ltd

Auditors: Baker Tilly Mauritius

Documents

Factsheet

A Bermuda SPC investing in transformational technology

Abbey Road Disruptor Investments is a segregated portfolio company (SPC) domiciled in Bermuda, formed under Abbey Road Investments Ltd. The SPC structure legally ring-fences the assets and liabilities of each segregated portfolio, so exposures are held separately rather than commingled — a structure widely used for concentrated private and late-stage venture strategies.

The strategy targets long-term capital appreciation from companies building and scaling technologies that reshape entire industries. It is deliberately non-benchmarked: positions are taken because of conviction in the company, not to manage tracking error against an index.

Where the fund invests: AI, quantum, space and defence

The portfolio holds companies across multiple sectors, spanning artificial intelligence and machine learning, quantum computing, space and aerospace infrastructure, defence and security technology, robotics, advanced materials and selected fintech and deep-tech infrastructure. Holdings include category-defining companies such as SpaceX — now public following its IPO and expected to deliver 7–10x returns for the portfolio — alongside Anduril in autonomous defence systems, Scale AI in data labelling and AI infrastructure, Lambda Labs in GPU cloud infrastructure, PsiQuantum in photonic quantum computing, Perplexity AI in conversational search, Physical Intelligence in robotics foundation models, Lonestar in lunar data infrastructure, Kalshi in regulated event contracts, Chemify in programmable robotic chemistry, Cusp AI in materials discovery and Horizon3.ai in autonomous security testing.

Because these are largely private and late-stage venture positions, the strategy is illiquid by design and operates as patient capital. Valuations are marked less frequently than listed equities, exits depend on funding rounds or public listings, and individual holdings can fail outright.

Risk profile and suitability

This is a high-conviction, high-volatility strategy that accepts significant drawdowns in pursuit of asymmetric returns. It is appropriate only for professional investors who can tolerate illiquidity, concentration in a small number of technology companies, and the potential loss of capital. It is not intended for retail distribution.

Sparrow Investment Managers Ltd is the portfolio manager, Grammont Management Ltd the management company, and Baker Tilly Mauritius the auditor. The latest factsheet is available to download above.

Frequently asked questions

What is a segregated portfolio company (SPC)?
An SPC is a corporate structure that legally separates the assets and liabilities of each segregated portfolio, so one portfolio's exposures cannot be used to satisfy another's obligations. This fund is a Bermuda-domiciled SPC.
Which companies does the Disruptor strategy hold?
The portfolio holds companies across multiple sectors, including SpaceX — which has completed its IPO and is expected to deliver 7–10x returns — alongside Anduril, Scale AI, Lambda Labs, PsiQuantum, Perplexity AI, Physical Intelligence, Lonestar, Kalshi, Chemify, Cusp AI and Horizon3.ai.
Is the fund benchmarked against an index?
No. The strategy takes a non-benchmark approach and is managed on conviction rather than relative to an index.
How liquid is the strategy?
It invests largely in private and late-stage venture companies, so it should be treated as an illiquid, patient-capital allocation.

Past performance is not indicative of future results. Investments involve risks including the potential loss of principal. Please read all fund documentation carefully before investing. These materials are for informational purposes only and do not constitute an offer or solicitation.