IPO CLUB America 2030 Target Maturity Fund

America 2030 Target Maturity Fund

The IPO CLUB America 2030 Target Maturity Fund is a 6-year, actively managed secondary investment fund specializing in Defense, Energy, AI, Robotics, and Materials.

‍

‍

It allocates 70% to secondary market investments and 30% to follow-on primary investments, targeting potential high-growth Series B companies with established revenues. America 2030 aligns with U.S. economic security and technological advancement, focusing on energy security, autonomous defense systems, cybersecurity, and data infrastructure — critical sectors driving innovation.

‍

Strategy:

Single asset deals have become a meaningful piece of the growing secondary market.

‍

Liquidity Renaissance in Private Markets:

Capitalizes on the growing trend of increased liquidity in private markets, enabling more efficient access to exits compared to traditional private equity models.

Targeting Exits via Pre-IPO Private Secondary Trades:

Focuses on pre-IPO secondary trades to offer liquidity before public offerings and potentially reduce holding periods. As single asset deals gain significance in the secondary market (see chart), the strategy leverages these transactions for more targeted exits, particularly in pre-IPO companies.

Reducing Risk of Delayed IPO/M&A:

Can help mitigate some of the uncertainty around IPO and M&A timelines by utilizing secondary market transactions for more predictable exit strategies.

Late-Stage U.S. & Select European Companies:

The fund focuses on 70% secondaries and 30% primary follow-ons in late-stage, Series B+, Pre-IPO U.S. companies, with selective exposure to Europe.

‍

‍

Portfolio Composition:

‍

C-FPV

Our first pure defense technology investment, C-FPV, develops counter-drone systems in response to the rapid global proliferation of drones. As the earliest-stage investment in the portfolio to date, it provides long-duration exposure with asymmetric upside potential, contingent on the team's execution in product development and market traction.

NewCleo
New

Cleo was selected following an in-depth analysis of the small modular reactor (SMR) sector, outlined in our SMR Market Report (June 2025). Our investment was contingent on the company’s announced partnership with U.S.-based Oklo. We are particularly aligned with NewCleo’s vertically integrated strategy across fuel (MOX) and reactor development, as well as its acquisitions of critical suppliers — anticipating future bottlenecks in reactor components and accessories. This investment reflects our core strategy of targeting inputs to transformative industries.

Redwood Materials (subject to ROFR)

Initially known for EV battery recycling, Redwood Materials has expanded to become a key supplier of critical power solutions for data centers and AI infrastructure. Its positioning at the intersection of AI, energy, and materials aligns closely with America 2030’s thesis of capturing value where foundational inputs converge.

The IPO CLUB Team

The team is committed to building strong deal flow and internal processes, leveraging on its operating experience, relevant network and expertise.

‍

Investment Management

‍

Edoardo Zarghetta, Co-Founder & General Partner

Edoardo is the Founder and General Partner at IPO CLUB and America 2030, a Series of IPO CLUB II LLC. Born in Rome in 1973, Edoardo holds a degree in Political Science from La Sapienza University, an MBA and an MSc in Renewable Energy from Heriot-Watt University in Edinburgh.

With over two decades in investment banking, he has held key roles including DCM Chief Dealer at Danske Bank in Copenhagen, Sales Director at Mitsubishi UFJ International in London, and Private Banker at Credit Suisse in Milan. He later served as Managing Director at Bardi Co., a U.S. broker-dealer and RIA, overseeing private markets and asset management. Currently, he is the IR Advisor for Trawell Co., a Milan-listed leader in airport retail services, and Sostravel.com, a travel tech company.

‍

Board of Advisors

‍

Eva L. Cassman, Investments

Eva Cassman advises on strategic investments and risk assessment, drawing from her extensive experience in intelligence and financial consulting. She has led analytical teams at Forvis Mazars, EY-Parthenon, and Jacobs, specializing in counterterrorism and global risk management. She holds an MS in Emergency Management and Homeland Security from the University of Arizona and a BA in International Affairs from the University of Georgia.

‍

Maksim Sonin, Energy

Maksim Sonin brings decades of experience in global energy investments, having served on the boards of multibillion-dollar capital projects and managing portfolios exceeding $15 billion, including UCC and Silleno. A Stanford Sloan Fellow, he holds an MS in Management from Stanford Graduate School of Business, a PhD in Engineering from the Scientific Research Institute of Natural Gases and Gas Technologies, and an MS in Finance. His expertise spans petrochemicals, fertilizers, natural gas, low-carbon fuels, and sustainable energy infrastructure.

‍

Frederik Zarghetta, Security

Frederik Zarghetta specializes in cybersecurity and risk mitigation, with experience as an Information System Security Officer in the Air Force and cyber conscription in the Navy/Army. He holds multiple certifications, including Cisco CyberOps Associate (CCNA), ISO 27001 & 27005, Splunk Advanced APT Hunting, and BlueTeam Level I. He is also pursuing the Certified Information Security Manager (CISM) credential.

‍

Zaheer Ali, Defense and Space

Zaheer Ali is a leading expert in space technology and defense policy. He is Managing Partner at New Space Finance and a Professor of Practice at Thunderbird School of Global Management. Over his career, he has held executive roles at Hewlett Packard Enterprise, ThinkOrbital, and Space Railway, advising NASA and pioneering AI applications in aviation and space. He holds an MA in Global Management from Thunderbird and a BA in Physics from the University of California.

‍

Ally LaTourelle Whitney, AI Infrastructure

Ally LaTourelle Whitney specializes in AI infrastructure and strategic investments, leveraging her deep expertise in bioeconomy and cleantech innovation. As Managing Partner at BioEconomy Partners and former Vice President at BioAmber, Inc., she has played a key role in advancing sustainable technologies. She also has experience in cleantech investments with UBS Private Wealth Management. Ally holds a JD in International Law from the Elisabeth Haub School of Law at Pace University and has completed the Disruptive Strategy certificate program at Harvard Business School Online.