The Chromatic Fund
MASTER INVESTOR DECK
Q1 2O23
AAF MANAGEMENT LTD.
A VENTURE CAPITAL FIRM
Less than 200 Black founders raised
venture capital in 2022.
Less than 3.5% of VC funding went to
diverse founders in 2022.
From Series A to $863B Private Unicorn
Savage X Fenty is an accessories company that offers underwear and other fashion clothes for women. In partnership with a team assembled from the industry’s elite, the label has disrupted and redefined the marketplace with its accessible price point and extensive assortment of lingerie.
William “Kyle” Hendrick
Founder
From Series A to $863B Private Unicorn
Savage X Fenty is an accessories company that offers underwear and other fashion clothes for women. In partnership with a team assembled from the industry’s elite, the label has disrupted and redefined the marketplace with its accessible price point and extensive assortment of lingerie.
William “Kyle” Hendrick
Founder
The General Partners
Kyle founded AAF to approach venture capital investing in an innovative and intuitive way given the unique nature of the founding General & Limited Partners of the firm. Under his tenure, the firm’s AUM grew from $10M to over $180M. In the last 6 years alone, Kyle has invested in over 120 venture backed companies, deployed capital into over 30 emerging managers, had 7 public market listings, realized 17 exits, and has early stage exposure to over 47 unicorns. His fund performance is consistently
ranked in the top decile and top quartile in terms of TVPI and DPI respectively, benchmarked on Cambridge Associates’ data on over 1500 US VC funds.
Kyle founded AAF to approach venture capital investing in an innovative and intuitive way given the unique nature of the founding General & Limited Partners of the firm. Under his tenure, the firm’s AUM grew from $10M to over $180M. In the last 6 years alone, Kyle has invested in over 120 venture backed companies, deployed capital into over 30 emerging managers, had 7 public market listings, realized 17 exits, and has early stage exposure to over 47 unicorns. His fund performance is consistently
ranked in the top decile and top quartile in terms of TVPI and DPI respectively, benchmarked on Cambridge Associates’ data on over 1500 US VC funds.illion dollar defense and healthcare advisory firm. He also serves as an executive board member, investment