Many of today's market leaders are still private.

EQUIAM is an investment firm managing funds focused on growth and late-stage technology companies. We systematically screen thousands of private companies, rigorously underwrite the strongest, and take high-conviction positions in proven market leaders.

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Series B+ Companies Tracked
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Companies Backed
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Exits Realized

Metrics as of the most recent reporting period. See important disclosures

Currently raising

Private Tech 30 Fund II →
The screen2,600 Series B+ tracked

Selected positions

Stripe

Fintech

The payments layer of the internet economy

Anthropic

AI

The frontier lab behind Claude

Databricks

Data Analytics

Where enterprise data and AI workloads consolidate

Supabase

Developer Infrastructure

The open-source backend layer for AI-era applications

Applied Intuition

Future of Mobility

Simulation and infrastructure for autonomous vehicle development

Vercel

Developer Infrastructure

The deployment layer of the modern web

The growth now happens before the ticker

Thirty-four U.S. technology companies listed publicly in 2025, against a median of about 120 a year through the 1990s. Companies reach public scale years before any ticker exists, and the value created in those years accrues to whoever owned the shares privately. That window is what we invest in.

U.S. technology listings per year 1990–2025
2,600 Series B+ tracked≈32 listings a year

Source: Jay R. Ritter, University of Florida, Initial Public Offerings: Updated Statistics (2026), Table 4a. U.S. technology IPOs including direct listings, offer price $5.00 or greater. 2021 was the strongest year for listings in two decades at 126, about what a median year in the 1990s produced. The following year produced six.

How we work

From 2,600 companies to roughly thirty per fund

2,600 tracked2,600 remaining
01
Screen 2,600+ Companies
02
Source Deals
03
Model Outcomes
04
Investment Committee Decision
~30 Target Positions Per Fund
≈30 positions per fund · 92 companies since inception View the portfolio →

Leadership

Ex-Bridgewater, JP Morgan, Lehman, Forge, and Tribe Capital.

Ziad Makkawi
Ziad Makkawi
Founder & CEO

Built & sold Algebra Capital ($1.5B AUM)

MBA NYU Stern • Former JP Morgan

John Zic
John Zic
Founding Partner

Architect of EQUIAM’s systematic model

Early Forge team • Notre Dame

Arin Nazarian
Arin Nazarian
Partner

$1B+ deployed across private markets

Ex-Lehman Bros • USC Marshall

Joe Day
Joe Day
Partner

Former Bridgewater & Tribe Capital

PhD Physics • MFE Cornell

Eric Borrow
Eric Borrow
Director, Operations

Former Guggenheim & BNY Mellon

MBA NYU Stern • CFA Charterholder

Yusef Alexandrine
Yusef Alexandrine
Chief Legal Officer

Former Allianz Global Investors Director

JD UC Berkeley • California Bar

Read Full Bios →
Currently raising Private Tech 30 Fund II →
Fund I track record Compare to PE/VC benchmarks →
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