361Core: an exclusive gateway to private investments for qualified, vetted members

361Core is an invite-only program that enables family offices to collaborate, share, vet, and co-invest in unique private alternative investment opportunities, both direct deals and niche funds. We created 361Core to provide a structured approach, leveraging the combined strengths of our core family offices.

Our core beliefs for effective investing are:

• a community of like-minded active investors can boost collective abilities to 

• identify (or create or shape), 

• vet, and 

• allocate to unique private investments

• the people with whom you do business are critical

• in alternative investments, you need transparency and control

Our Charter Members

In our 10th Year, we keep expanding globally, focused on Core Members

Founded in ‘15 after a decade with a SFO, 361Firm's community has grown to 3K+ SFOs & institutional investors, via events in 83 cities and 20 countries. Now 361 focuses on its Core Investors to share, create, vet and execute on compelling deals.

How 361Core Works: from wide global funnel to compelling deals

Level 0 – Wide Global Funnel

◦ Searchable, with notifications 

◦ Preferred access

Level 1 – New Deal Snapshot Briefings

◦ Introduce deals that merit attention

◦ Led by Member and/or 361Core Team

◦ Poll to move forward

◦ 360 Deal Circle could be formed now

Level 2 – Deal Presentations 

◦ Championed by Member &/or 361Core 

◦ Management presents and leaves

◦ Poll to form Deal Circle 

Level 3 – Deal Rationale Reports 

◦ Deal Circle presents Deal Report

◦ Management may rejoin for Q&A

◦ Poll on Syndication Interest 

Level 4 – Deal Execution

◦ May require more negotiation, diligence, SPVs

◦ Final Syndication

Level 5 – Portfolio Updates

Core Strategies & Criteria

Key Criteria for Targeted Companies*: 

• Growth Stage Companies

  • Scalable business model

  • Unique Access (warm relationships and/or somewhat “proprietary”) 

  • Domain Expertise so that Members and/or 361 team can add value

  • Compelling economics (25%+ IRR), with optimized structure  

  • Size Available - in the $5-50M range (preferably $10-20M)

  • Moat, i.e. defendable, competitive advantages

  • Strong Management 

  • Impact in aspects driving growth preferable

  • Exit or liquidity event clarity

• Companies in Thematic SPV Baskets (e.g. renewables)

• Special Situations

  • Unique risk-reward special situations 

  • Private Secondaries 

Key Criteria for Targeted Funds: 361 plans a Multi-Strat Fund to invest as above

• Niche funds with unique edges and access - committed capital will enable us to capture more. 

• Track Records 

• Co-invest Opportunities and Other Strategic Synergies

361Core – How It Works: From wide global funnel to compelling deals

361Core – How It Works: Deal Onboarding, Full or Fast Track 

361Core – How It Works: Initial Deal Snapshots

361Core – How It Works: Deal Presentations 

361Core – How It Works: Deal Rationale Reports

Benefits for Core Members

• Curated, unique deal flow - filtered based on Member interests/voting

• Preferred Access to the Wide Global Funnel as new deals are onboarded to the overall 361 Global platform (1K+ already). Some line up only for specific Members which fall outside “fairways” by stage, industries, size, niche 

• Collective Vetting - Exchange Expertise with other Members in moderated meetings

• Leverage Collective Power for Smaller Co-investments with other Members

• Introduce your deals to 361Core - see Fast Track Deal Onboard Form

Criteria for Members

• Active allocators with capacity to invest $10M+ in private, alternatives

• Contributing

  • domain expertise

  • deal flow

  • global footprint

• Collaborative spirit, sharing with Members

• Engaged, and committed to joining meetings 

361Core – Member Code of Conduct 

• Commitment to be Actively Engaged

  • Attend all meetings at least virtually, 50% in person, prepared by reviewing meeting materials, actively participating

  • Join at least two 360 Deal Circles to review opportunities

  • Refer at least two deals (and ideally two potential Members)

• Responsive to Other Members and 361Firm when contacted with respect to deal opportunities (within 48 hours where possible)

• Maintain Confidentiality under NDA and Chatham House Rules

• Execute and adhere to Membership Agreement, Procedures, Buy Side Agreement

361Core Team

Transaction and Other Fees  

Fees for Direct Investments Sourced via 361Firm

•  No 361 involvement - buy-side intro fee of 0.5%

•  Pursue privately involving another Member with minimal 361 involvement - 1.0%

•  Via 361Core Screening Process 

• direct to cap table - 2.0%

• If via SPV - 0%-0.5% Mgt. fee (admin) + 10% Carry (20% after 15% IRR or 2.5x MOIC)

Fees for Investments into Fund Sourced via 361Firm 

 (1) ​Intro fee of 1% for the direct investment into a fund

 (2) Mgt. fee/Carry for 361 Asset Management SPVs into funds: 0%-0.5% Mgt. fee + 5% carry 

General

Annual Membership Fee

1. The Annual Membership Fee for 361 Core is $50K

2. 361 Firm will invite a limited number of Founding Members to join for $25K

3. 75% of the Membership Fees are an advance, credited against Transaction Fees

4. Fee includes access to 361 Firm deal platform and all 361 Firm events

5. After two years, annual fee increases to $100K ($50K for Founding Members)