Meld Valuation / Venture NAV Tracker
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MELD Valuation / Public markets

Private-market exposure, marked in public.

A filing-sourced directory of private-markets vehicles — listed funds and BDCs, NAV-priced interval funds, and venture debt BDCs. Compare NAV discounts, look through to holdings, and identify where funds carry the same private company at different marks.

Funds tracked9

Across the three vehicle categories

Companies with multi-fund marks44

Cash equivalents excluded

Widest current dispersion+196.9%

Automation Anywhere, Inc · comparable marks

Category 1

Listed equity vehicles

Exchange-traded funds and BDCs holding venture equity — market price against reported NAV yields a premium or discount.

Market quotes as of Jul 22, 2026 — older than the tracker's 10-day freshness window. Premium/discount figures below are shown as of that date, pending the next quote refresh.

Largest premium+216.9%

VCX · NAV Mar 31, 2026 · price Jul 22, 2026

Largest discount-25.2%

NSLR · NAV Mar 31, 2026 · price Jul 22, 2026

VCXFundrise Innovation FundFundrise Advisors, LLCclosed-end fund$18.97Mar 31, 2026 · source ↗$60.11Jul 22, 2026 · source ↗+216.9%as of Jul 22, 2026$678.9MMar 31, 2026 · source ↗Mar 31, 2026Filing ↗
DXYZDestiny Tech100Destiny XYZ Inc.closed-end fund$24.56Mar 31, 2026 · source ↗$25.29Jul 22, 2026 · source ↗+3.0%as of Jul 22, 2026$748.4MMar 31, 2026 · source ↗Mar 31, 2026Filing ↗
NSLRNeostellar Capital (formerly SuRo Capital)formerly SuRo Capital Corp. · SEC Form 8-K ↗Neostellar Capital Corp.BDC$14.24Mar 31, 2026 · source ↗$10.65Jul 22, 2026 · source ↗-25.2%as of Jul 22, 2026$361.6MMar 31, 2026 · source ↗Mar 31, 2026Filing ↗

Category 2

Interval funds

NAV-priced; no exchange trading, so no premium/discount. Shares are bought and repurchased at the fund's struck NAV.

PRIVXThe Private Shares FundLiberty Street Advisors, Inc.interval fund—Mar 31, 2026 · source ↗$1.2BMar 31, 2026 · source ↗Mar 31, 2026Filing ↗
ARKVXARK Venture FundARK Investment Management LLCinterval fund—Apr 30, 2026 · source ↗$871.1MApr 30, 2026 · source ↗Apr 30, 2026Filing ↗

Category 3

Venture debt BDCs

Listed income vehicles lending to venture-backed companies — premium/discount applies, but these are debt books and are segmented from the equity statistics.

Market quotes as of Jul 22, 2026 — older than the tracker's 10-day freshness window. Premium/discount figures below are shown as of that date, pending the next quote refresh.

Largest premium+33.9%

HTGC · NAV Mar 31, 2026 · price Jul 22, 2026

Largest discount-47.1%

TPVG · NAV Mar 31, 2026 · price Jul 22, 2026

HTGCHercules Capital, Inc.Hercules Capital, Inc.venture debt BDC$11.90Mar 31, 2026 · source ↗$15.93Jul 22, 2026 · source ↗+33.9%as of Jul 22, 2026$2.2BMar 31, 2026 · source ↗Mar 31, 2026Filing ↗
TRINTrinity Capital Inc.Trinity Capital Investment LLCventure debt BDC$13.27Mar 31, 2026 · source ↗$17.60Jul 22, 2026 · source ↗+32.6%as of Jul 22, 2026$1.2BMar 31, 2026 · source ↗Mar 31, 2026Filing ↗
HRZNHorizon Technology Finance CorpHorizon Technology Finance Management LLCventure debt BDC$6.98Mar 31, 2026 · source ↗$4.50Jul 22, 2026 · source ↗-35.5%as of Jul 22, 2026$333.9MMar 31, 2026 · source ↗Mar 31, 2026Filing ↗
TPVGTriplePoint Venture Growth BDC Corp.TriplePoint Capital LLCventure debt BDC$8.65Mar 31, 2026 · source ↗$4.58Jul 22, 2026 · source ↗-47.1%as of Jul 22, 2026$351MMar 31, 2026 · source ↗Mar 31, 2026Filing ↗
Figures are compiled from public filings.Read methodologyMELD Valuation