Drift Capital is structured as a closed-end fund, like that of private equity and venture capital firms. Drift Capital Fund I, L.P. (the “Fund”) allows investors (Limited Partners) to buy partnership interests, representing ownership in the Fund’s assets: collector automobiles. Each Limited Partner has a dedicated account held with our banking partner. As assets are acquired, capital is called from the Limited Partners to fund their capital account, and as assets are sold, their proceeds are distributed to the Limited Partners’ capital accounts.

While there is no minimum investment in Fund, a typical allocation to collectibles is 5% of investible assets.

Partnership interests in Drift Capital Fund I, L.P. are offered under Regulation D Rule 506(c) under the Securities Act. As required under U.S. federal securities law, all purchasers in the offering must:

1. Qualify as accredited investors
2. Provide the necessary information for the issuer to verify that the investor is accredited
3. Complete a private offering questionnaire

Please contact us to get in touch with someone from Drift Capital’s Investor Relations team.

Participation in Drift Capital’s offering is available to accredited investors and qualified purchasers.

• Earned income that exceeded $200,000 (or $300,000 together with a spouse or spousal equivalent) in each of the prior two years, and reasonably expects the same for the current year.
• Has a net worth over $1 million, either alone or together with a spouse or spousal equivalent (excluding the value of the person’s primary residence and any loans secured by the residence (up to the value of the residence)).
• Are a broker or other financial professional holding certain certifications, designations, or credentials in good standing, including a Series 7, 65 or 82 license.

A spousal equivalent means a cohabitant occupying a relationship generally equivalent to that of a spouse. Please visit the U.S. Securities and Exchange Commission for more information on qualifying criteria.

Drift Capital Fund I, L.P. (the “Fund”) has a 10-year term with an extension of up to two additional years. Automobiles are expected to be bought and sold throughout the life of the Fund.

Automobiles are expected to be bought and sold throughout the life of the Fund, with an average holding period of 5+ years.

When the assets are divested from the portfolio throughout the life of the Fund, the proceeds from the sale are disturbed pro rata to the Limited Partners’ capital accounts. The Fund has a European-style distribution waterfall. All distributions from the sale of investments will go to the LPs, with the GP not participating in any profits until the investors’ initial committed capital has been fully returned.

Yes, the offering is available to investors outside of the United States.

Please contact us to get in touch for more information.

Please explore the Research section of the website for detailed information.

As a perk to investing in the Fund, some of the cars in the Fund can be driven by the Limited Partners. Drift Capital will put on quarterly events that provide experiential access to these remarkable automobiles.

The Fund’s assets are stored in a highly secured facility in conditions that are optimized for long-term storage. The automobiles are maintained and overseen around-the-clock by a dedicated team of make- and model-specific technicians.

With relationships across all facets of the automotive industry, Drift acquires assets from a variety of venues—engaging marque-specific expertise to provide assurance of authenticity. If you are a collector, automaker, broker, dealer, museum, or auction house and would like to get in touch, please reach out to us.

Yes, the Fund’s assets are fully insured upon acquisition.

Drift Capital utilizes a team of independent appraisers to perform quarterly appraisals of the portfolio to ensure unbiased, consistent, and fair representation of any adjustments of the assets’ value.