Private Equity

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Kentucky Select Fund

Kentucky Select Fund is a fund backed by angel investors who provide funding and expertise to entrepreneurs. The fund has made one investment, in Allotrope...

Kentucky Select Fund

Kentucky Select Fund is a fund backed by angel investors who provide funding and expertise to entrepreneurs. The fund has made one investment, in Allotrope Medical, as part of their Series A round on March 1, 2021.

General information

Firm type

Private Equity

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Louisville

Corporate office

Louisville, KY, United States

Frequently asked questions

What is the investment focus of Kentucky Select Fund?

The firm focuses on early-stage, seed, startup, and growth equity investments, operating broadly as a general venture capital and private equity investor. Its geographic emphasis is on opportunities within the central United States, a region often underserved by coastal venture firms.

Where does Kentucky Select Fund source its deals?

Given its Louisville headquarters, the firm likely sources proprietary deal flow through deep regional networks, local founder referrals, and relationships with regional service providers. This localized approach is a common model for interior private equity firms seeking to capture off-radar investment opportunities.

Who runs investment decisions at Kentucky Select Fund?

The principals and investment committee members are not publicly identified. This is not uncommon for smaller, private asset managers that do not actively market to institutional investors and operate through a close-knit partnership structure.

Is Kentucky Select Fund structured as a venture capital firm or a private equity firm?

It is categorized as a private equity firm, but its stated strategy encompasses venture capital stages, including early-stage and seed investments, alongside traditional growth equity. This blended approach allows it to deploy capital across a company's lifecycle, from formative stages to expansion.

Does Kentucky Select Fund publish its assets under management?

No. As of the latest available information, the firm has not publicly disclosed its assets under management or total capital deployed. Public records and the firm's own communications lack a formal AUM figure.

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