Next Generation Trust Company, a custodian of self-directed retirement plans, has announced a strategic partnership with KJLK & Co., LLC, to provide accredited investors with access to the Square One Fund platform. This collaboration allows investors with self-directed IRAs at Next Generation to include alternative investments in their retirement portfolios, broadening their diversification opportunities beyond traditional assets.
The Square One Fund operates as a dual-track private investment platform, utilizing parallel fund structures under Sections 3(c)(1) and 3(c)(7) of the Investment Company Act of 1940. It allocates capital across a diversified group of vetted underlying managers spanning private equity, venture capital, private credit, hedge fund strategies, real estate, and infrastructure. This architecture accommodates both qualified purchasers via its main fund and accredited investors through a dedicated parallel feeder vehicle, providing streamlined access to alternative strategies within a single, professionally managed ecosystem.
Jaime Raskulinecz, CEO of Next Generation Trust Company, emphasized the benefits for her clients: "This strategic partnership allows our accredited investor clients to diversify their retirement investments via high-value alternative assets using funds from their Next Generation IRA, embedding a broadly diversified product into their overall portfolio." To participate, eligible investors must open and fund a self-directed account with Next Generation, then deploy retirement assets to subscribe for a limited partnership interest in the fund. As a Rule 506(c) offering, investor statuses are subject to mandatory independent third-party verification.
Joseph LaTurner, principal of KJLK & Co., explained the fund's value proposition: "Square One Fund provides access to alternative strategies and private markets in a structure that systematically addresses the general lack of liquidity and the heavy due diligence burdens individual investors typically face. Our team consistently compares intrinsic value against cost, adhering strictly to our value-oriented investment philosophy, principles and fundamentals regardless of broader market cycles. This disciplined approach delivers strong long-term benefit to our partners, structured with greater redemption flexibility than many comparable private funds."
LaTurner selected Next Generation as the strategic partner due to their entrepreneurial spirit and operational flexibility, which aligns with KJLK's quantitative and portfolio management approach. Next Generation Trust Company is officially featured under "Products" on the KJLK website as the preferred self-directed IRA custodian for their alternative strategy and private market products.
The partnership also addresses the growing interest from registered investment advisors (RIAs) seeking to incorporate non-correlated alternative assets into their high-net-worth clients' portfolios. Raskulinecz noted, "We invite independent fee-based financial advisors to work with us and expand their clients' access to alternative assets while also enhancing their own investment knowledge. When their clients open a self-directed IRA at Next Generation, those advisors retain the client relationship and assets under management, and continue collecting their customary fees while helping their clients build a more eclectic portfolio through the many nontraditional investments self-direction allows."
This collaboration underscores the increasing importance of self-directed IRAs in providing accredited investors with access to private markets and alternative investments, which have historically been limited to institutional investors. By leveraging Next Generation's custody and administration services, investors can now seamlessly incorporate these strategies into their retirement planning. For more information about Next Generation Trust Company and the many alternative assets allowed through self-direction, visit NextGenerationTrust.com. To learn more about KJLK & Co. and its Square One Fund, visit convictionfunds.com.
Square One Fund, LP is offered pursuant to Rule 506(c) of Regulation D under the Securities Act of 1933. This release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security. Any offering is made solely to verified, eligible investors through the fund's official Private Placement Memorandum and Subscription Documents, which contain critical details regarding investment terms, fees, liquidity provisions, tax implications, and risk factors, including the potential loss of principal capital.
