Aption Advisors LLC

Aption Advisors provides ongoing investment advice to individuals who hold large, concentrated positions in venture-backed private companies, typically founders, executives, and employees seeking to reduce concentration risk. The firm focuses exclusively on recommending share forward transaction contracts—issued by its affiliate Aption Assets—as a means to de‑risk illiquid private equity positions, and generally requires a minimum account size of $100,000.

The firm’s process combines a client-specific assessment of private holdings and objectives with proprietary technology that monitors private-company activity, applies a GICS-like framework to private firms using small language models, and surfaces potential counterparties and contract opportunities. Aption conducts an annual comprehensive review of positions and interim reviews when its monitoring signals changes, does not exercise investment discretion for clients, and does not recommend other securities or third‑party advisers.

Distinctive features include its reliance on bespoke, over‑the‑counter share forward contracts that are unregistered and illiquid, with Aption Assets acting as counterparty and fees often paid in‑kind (the firm may take title to forward contracts quarterly), creating identifiable conflicts of interest disclosed in the brochure. The firm is also affiliated with a GP and exempt private fund that is subject to a performance fee and with an Israeli equity‑pooling affiliate, arrangements that result in side‑by‑side relationships and cross‑jurisdictional activities atypical for many firms in its investment‑manager category.