Ep 05 Part 1: Serengeti’s Structured Approach to Late-Stage Private Tech

Groundfloor CEO Brian Dally hosts Ray Yousefian, Senior Managing Director at Serengeti Asset Management, to discuss how Serengeti structures investments around some of the world’s fastest-growing private technology companies. Ray explains how Serengeti helps founders, employees, and early investors unlock liquidity without fully selling their equity positions, while offering investors a more downside-protected way to gain exposure to late-stage private markets. The conversation explores overcollateralization, private market liquidity, downside protection, and why structured private credit strategies may appeal to investors seeking alternatives to traditional equity exposure.00:00 Welcome and Guest Intro01:30 Ray’s Career Journey04:05 What Special Situations Investing Means06:10 Why Employees Need Liquidity08:15 Overcollateralization Explained10:05 Managing Downside Risk11:40 Where This Fits in a Portfolio14:00 Building Exposure to Private Tech Leaders17:05 Understanding the Big Cat Fund20:15 Return Structure and Investor Liquidity22:10 Closing and Part 2 PreviewBeyond the Stock Market podcast: https://groundfloor.com/podcastConnect with Brian Dally on LinkedIn: https://www.linkedin.com/in/bdally/Connect with Ray Yousefian on LinkedIn: https://www.linkedin.com/in/raymond-yousefian/References:Serengeti Asset Management: https://serengeti-am.com/