Overview
A. FIRM DESCRIPTION
PCIDX Group, LLC (“PCIDX Group” or the “Firm”), is a Delaware Limited Liability Company,
founded in October 2022, and based in Raleigh, North Carolina. The Firm is currently registered
with the state securities department in North Carolina. The firm will provide investment
management services to pooled investment vehicles (each a “Client” or “Fund”). PCIDX Group is
50% owned by JAJ Associates, LLC and 50% by Mythen GP, LLC (controlled by Mythen
Ventures LLC, a company owned 100% by Cyrill Wiget who is also running PCIDX Group in the
capacity of Managing Member and President). All material conflicts of interest are disclosed in
this Disclosure Brochure.
B. TYPES OF ADVISORY SERVICES
PCIDX will provide services to investment funds that invest in mid-to late- stage privately-held
technology companies from different geographical regions that are backed by top-tier venture
capital firms and institutional investors. The Funds allow investors to participate through a
tradeable investible fund (also known as a certificate), which tracks an index or indexes of different
diversified baskets of late-stage private companies (i.e., Top 25 Latam Unicorns, Top 50 European
Unicorns, Top 50 Global FinTech Unicorns). The investment opportunities are acquired in the
secondary market, i.e. purchases of shares or limited partnership rights from existing investors
(Venture capital firms, founders, C-suite Executives and employees). Although the Funds source
their portfolios mainly from the secondary market, a participation in primary financing is not
categorically excluded.
Interests in the Funds are offered to certain sophisticated, qualified investors, including high net
worth individuals, retirement plans, trusts, partnerships, corporations, or other businesses. The
Firm tailors its advisory services specific to each Client, based on the Client’s outlined investment
objectives as described in the applicable Client’s (i) confidential offering memorandum and (ii)
governing documents (referred to collectively as “offering documents”).
Each Client has a specific investment objective and may invest across different asset classes,
different geographies, or different industries. The Firm’s focus is on providing advisory services
to Clients investing in the secondary market. Clients primarily engage the Firm for its advisory
services on investment allocation, investment sizing, investment
structure, fee sizing, decisions
around capital calls and distributions, and investment exit considerations.
PCIDX Group has discretion and authority to manage and direct the investment of capital for the
Funds, pursuant to, and as limited by, an investment management agreement executed between
PCIDX Group and the Managed Funds. PCIDX Group follows a rule-based investment policy
which is described for each Managed Fund in its fund offering documents. The investment advice
focuses primarily on mid- to late-stage privately-held technology companies from different
geographical regions that are backed by top-tier venture capital firms and institutional investors.
The Funds are not registered as an investment company under the Investment Company Act of
1940 and only offer interests in private placements. Further, such interests in private placements
are only offered to accredited investors (as defined in Rule 501(a) of Regulation D of the Securities
Act that are also qualified clients (as defined in Rule 205-3(d) of the Investment Advisers Act and
qualified purchasers (as defined in Section 2(a)(51) of the Investment Advisers Act). Investors
who reside in certain states are required to meet standards different from or in addition to those
described above. Investors will be required to represent in writing that they meet any such
standards that may be applicable to them. The managing member of a fund can, without the consent
of the existing members, admit new members to a fund. The managing member may reject a
subscription from an investor for any reason in its sole and absolute discretion. If a subscription is
rejected, the payment remitted by the investor will be returned without interest.
C. TAILORED RELATIONSHIPS
PCIDX Group offers the same suite of services to all our clients. The advisory services and
recommendations offered by the Firm are based on the individual needs of our clients and their
investment goals.
D. WRAP FEE PROGRAMS
Our Firm does not participate in and is not a sponsor of wrap fee programs.
E. ASSETS UNDER MANAGEMENT
When calculating regulatory assets under management, an investment adviser must include the
value of any advisory account over which it exercises continuous and regular advisory or
management services. The Firm has a pending registration with the States of New Jersey and
Florida and does not yet have any assets to report.