
AI agents are becoming the investment industry's next workforce. What most people miss is what that workforce needs to stand on; the firms that already built it are about to pull away.
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A new business unit for firms getting ready for the next era of private markets: a strategy, structuring, and infrastructure service for asset managers, funds, and family offices that want to build, launch, and run digital market infrastructure of their own. Anastasia Nizhegorodtceva joins EVIDENT as Director of Growth to lead its expansion.

Ben McQuhae, founder of Ben McQuhae & Co and former partner at Jones Day, joins EVIDENT as Chief Business Officer and Head of Transactions. Jessica Ha joins to lead EVIDENT Arc, a new advisory practice focused on digital market infrastructure and private markets.

SpaceX has begun trading on the Nasdaq under the ticker SPCX in the largest initial public offering in history. As pre-IPO investors in the company, EVIDENT and its clients mark the moment a private-market position becomes public-market liquidity - a direct expression of EVIDENT's purpose in opening institutional access to the world's most consequential private companies.

The world is about to spend on the order of $16 trillion a year building the future. The interesting question isn't what gets built — it's who finances it, and through what plumbing.

EVIDENT has launched a proprietary Model Context Protocol (MCP) infrastructure designed to structure and automate fragmented private market deal communication through AI-driven workflows. The system enables partners to post, query, and retrieve live deal data in real time through natural language interactions, creating a scalable infrastructure layer for private markets.

Private markets are hitting a structural wall. Our 2025 Annual Letter breaks down the two technological revolutions rewiring the industry, the reality of the "Efficiency Paradox," and how we deployed capital over the last year.

Strong institutional and professional investor interest in the MemeStrategy fund marks a meaningful milestone for cultural asset tokenization.
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MCP has become the standard protocol for AI-to-tool communication, with adoption from Anthropic, OpenAI, and Google DeepMind and the firms that build MCP infrastructure now will become the network nodes others route through, compounding their advantage over time.