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§ Venture Capital · Louisville, KY, USA
LRF Yearling Fund I LLC is a specialized investment vehicle focused on acquiring and managing thoroughbred yearlings. It employs a structured approach for sourcing, evaluating, and managing its portfolio, emphasizing professional oversight and systematic processes. The fund provides market screening, purchase coordination, and continuous monitoring and development services for its equine assets.
The fund leverages expertise from Little Red Feather Racing, co-founded by Billy Koch, a pioneer in crowdfunded thoroughbred partnerships since 2016. LRF Yearling Fund I LLC was formed with the insight to apply institutional-grade investment and asset management specifically to the yearling market. Its operations, with initial public acquisitions, commenced in late 2022.
The fund targets investors seeking specialized exposure to the thoroughbred market through a professionally managed, transparent vehicle. Its mission focuses on providing stakeholders clear, consistent reporting and a detailed overview of portfolio activities. LRF Yearling Fund I LLC maintains a disciplined asset management approach, aspiring to long-term success through meticulous selection and oversight.
Yearling Fund has 2 tracked investments across 2 companies. The latest tracked deal is $4.6M Series A in TNG Pharmaceuticals in February 2014.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 6, 2014 | TNG Pharmaceuticals | $4.6M Series A | Yearling Fund | AIM Group, Blue Grass Angels, Commonwealth Seed Capital, Goose Capital, Ogle Foundation, Texas Halo Fund, University OF Louisville Foundation |
| Mar 21, 2013 | Workrede | $750K Series A | Yearling Fund | — |