GDP3 provides family offices, institutional capital, and ultra-high-net-worth investors with direct access to allocations in the world's most sought-after private companies - sourced through relationships, underwritten institutionally, and structured cleanly.
THESIS
Capital is abundant.
Access is not.
The best private opportunities are not sold — they are won. As public markets contracted and category-defining companies stayed private longer, the scarce commodity shifted from capital to access. The networks with the deepest relationships and the strongest reputations win allocations. Everyone else pays the premium of being late.
GDP3 was built on that observation. We operate as a coalition of founders, operators, and allocators whose collective footprint sources allocations the broader market never sees. Capital deployed through GDP3 moves direct — no funds-of-funds, no layered fees, no intermediaries diluting returns.
We are disciplined by design. For every hundred opportunities we review, we pursue one.
PROCESS
How we move from sourcing to deployment.
Every opportunity at GDP3 moves through the same three stages. The process is deliberate, centralized, and designed to maintain discipline at scale.
1
ORIGINATION
Across late-stage private opportunities by our coalition, alongside the world's leading venture and growth investors.
2
UNDERWRITING & DILIGENCE
Across the family offices, institutions, and allocators that participate in GDP3's network.
3
STRUCTURING
Opportunities pursued vs reviewed
TEAM
The people behind GDP3.
GDP3 is led by operators and investors with decades of combined experience across founding, scaling, and allocating into category-defining private companies.
Daniel Dubois
Founder & Principal
Founded GDP3 in 2019 after a decade investing alongside affinity-based private market communities. Previously led late-stage private allocations at a multi-billion-dollar family office. Sets firm strategy and leads the investment committee.
David Kahn
Chief Executive Officer
d.kahn@stembio.com
David Kahn
Chief Executive Officer
d.kahn@stembio.com
INVESTMENT COMMITTEE & ADVISORS
Experienced operators shaping how we underwrite.
Our investment committee and advisors contribute deal flow, diligence, and sector-specific conviction to GDP3's allocation decisions
Jared M
A
Founded GDP3 in 2019 after a decade investing alongside affinity-based private market communities. Previously led late-stage private allocations at a multi-billion-dollar family office. Sets firm strategy and leads the investment committee.
David Kahn
Chief Executive Officer
d.kahn@stembio.com
David Kahn
Chief Executive Officer
d.kahn@stembio.com
THE COALITION
A network that sources what the market can't.
Beyond our team and advisors, GDP3 operates as a distributed coalition of founders, operators, family offices, and institutional allocators. Members contribute access, diligence, and conviction across every opportunity we review. We don't publish our full network — but we can describe its shape.
14+
UNICORN FOUNDERS
Contributing deal flow and operator diligence across our opportunities.
$40bn+
COLLECTIVE NETWORK AUM
Across the family offices, institutions, and allocators that participate in GDP3's network.
60+
UNICORN FOUNDERS IN THE NETWORK
Fund partners and GPs co-investing alongside GDP3 in late-stage rounds.
19
COUNTRIES REPRESENTED
Across our founder, operator, and allocator network — sourcing globally, deploying selectively.
FOR INVESTORS
A deliberate way to participate
GDP3 works with a limited number of qualified investors — family offices, institutions, and UHNW individuals whose mandates and time horizons align with late-stage private market investing.
DIRECT ALLOCATIONS
Investors participate in single opportunities through transparent structures. No blind pools, no layered vehicles. Every allocation is reviewed and accepted on its own merits.
ALIGNED ECONOMICS
Fees are clean and disclosed upfront. GDP3's returns come from selecting the right opportunities, not from layering cost.
LONG-TERM RELATIONSHIPS
We work with investors across multiple allocations over time. Our network benefits from investors who treat private markets as a decade-plus commitment, not a trade.