Getting Private AI Exposure Right: Entry, Timing, and Exit

September 7, 2026 /InvestmentNews//

Richard Beleutz and Stephen Luongo joined Glen Anderson of Rainmaker Securities for an InvestmentNews feature on how AIR approaches investing in private artificial intelligence companies — from the price paid on entry through to the eventual sale. The conversation covers why leading AI businesses are staying private far longer than they once did, how secondary markets now sit on both sides of a position rather than only at the exit, and why the two judgments that decide the outcome are the price paid on entry and the price actually available on exit — not the value carried on the books in between.

Disclaimers: Sponsored content. This feature was commissioned and paid for by AIR Asset Management, LLC, an SEC-registered investment adviser, to promote AIR Nova Fund LP. It is not an offer to sell or a solicitation to buy any interest in the Fund; any offer is made solely through the Fund's confidential Private Placement Memorandum to qualified investors. Statements by Glen Anderson constitute an endorsement by a party with a material conflict of interest: Rainmaker Securities receives transaction-based compensation from the Fund, and certain AIR principals are registered representatives of Rainmaker who receive compensation in connection with the Fund's trading activity. Investing in private, pre-IPO securities involves substantial risk, including illiquidity and loss of the entire investment. See the full disclosures accompanying the article and AIR's Form ADV Part 2A at adviserinfo.sec.gov.