AJ Scaramucci’s Solari Capital emerges from stealth with $350 million deployed and a case that companies stay private too long
Iron Man comics, dinosaur bones, and the long wait for an IPO.
AJ Scaramucci's collectibles company, Solari Capital, has emerged from stealth with $350 million already deployed into early-stage deals, late-stage growth, and internally incubated companies. Scaramucci, the son of SkyBridge Capital founder Anthony Scaramucci, believes that valuable assets like art, dinosaur bones, and trading cards often remain trapped in venture and growth equity portfolios rather than public markets.
His venture firm aims to give ordinary investors access to these previously inaccessible markets. Solari Capital's strategy is dubbed "programmable reality," which suggests that future advancements will make biology, intelligence, physical matter, and money more like software, allowing for engineering-like manipulation. Scaramucci's portfolio includes companies such as xAI, Suno, Tessera Therapeutics, Varda Space, and Northwood Space.
One of his flagship incubation companies, Radial Health, is listed on the Nasdaq Private Market as a pre-IPO name. As companies typically take 12 to 15 years to go public, compared to about four years in the past, Solari Capital seeks to shorten the wait and provide more people with access to valuable assets.
Written by urgent.news from Fortune's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.