Sapien Linqto Victory Fund

Who We Are

Sapien Linqto Victory Fund is a special purpose vehicle created to provide targeted financial support to Linqto during its current legal and reputational challenges. It finances Linqto’s legal defense and strategic communications to protect shareholder value and customer assets. Designed to deploy capital during distress, the Fund aims to capture event-driven upside by converting its investment into equity upon resolution, balancing downside protection with growth potential. Actively managed with strong governance, the Fund seeks to stabilize Linqto and unlock long-term value aligned with its recovery and future growth.

Key Features

The following table outlines key features of the Sapien Special Opportunities Buy-Out SPV Fund.

About the Fund, Investment Manager, and Opportunity

About the Fund

Supporting Linqto in opposing bankruptcy, protecting assets, and driving strategic recovery to safeguard investor interests and preserve company value.

About the Investment Manager

Sapien Group USA LLC is the majority-owned USA-focused investment management and asset management arm of Sapien Group Ltd, itself a prominent pan-APAC fintech-focused venture capital, private equity and multi-strategy funds management and asset management conglomerate. With offices across Silicon Valley, Delaware, Sydney, Melbourne, Singapore, Jakarta, Hangzhou, Hanoi and Bangkok, Sapien has established itself as a leading regional investment firm with a deep specialization in fintech, blockchain and online marketplaces. Sapien Asset Management Pty Ltd (ACN: 639585274) is the wholly-owned asset-management subsidiary of Sapien Group Ltd.

Our portfolio includes mature stakes in private companies and Sapien-managed VC/PE funds, targeting assets often acquired below last funding rounds or net asset values. This secondary-market focus allows us to capture attractive discounted entry points and generate upside from liquidity gaps.

We provide built-in diversification across technology, education, fintech, digital assets, and real estate, reducing single-asset exposure. Flagship holdings include Studyfin, Inndeavor, Hash Financial Group, Linqto, Ripple, and other high-growth Sapien vehicles.

With a proven network for sourcing off-market deals, disciplined exit strategies, and strong governance under Australian Financial Services laws, Sapien offers investors a regulated, actively managed framework. Additionally, relationships with private equity secondary trading platforms provide optional liquidity ahead of potential IPOs.

About the Fund’s Managing Partner

Victor Jiang, Founder and Managing Director: With over 20 years of experience across technology, consulting, and investment management, Victor has advised 35 Global Fortune 50 companies and sits on the boards of 12 tech firms. His notable investments include Ripple, Linqto, Airtasker, and HFG. Victor is the chair and convener of the Investment Committee.

Robert Blair, Managing Partner: Robert is a veteran Silicon Valley entrepreneur and investor with 50+ years in tech. He’s Managing Partner at Sapien Group USA, former board director at Linqto, and ex-executive at LSI Logic and Fairchild. He co-founded Sapien Ventures and leads Stanford’s “Semiconductor Pioneers” series.

Peter Loukianoff, Co-Managing Partner: Peter Loukianoff is a global VC leader and serial entrepreneur with 25+ years of experience across Silicon Valley, Europe, and Asia. A founding partner of multiple top-tier funds including Alumni Ventures Group and Strawberry Creek Ventures, he has backed unicorns like Yandex, Coursera, and Marqeta. Formerly with McKinsey and Kleiner Perkins, Peter has advised world leaders, spoken on CNBC, and holds four tech patents. He earned his MBA and Engineering degree from UC Berkeley.

Risks of Investing in the Fund

All investments carry risks that may affect the value of your investment. Therefore, consider all the risks and consult professional advisors before investing.