NextRock Investment Group Releases Founder's Letter

Our group will advance the construction of a new business foundation through the operations of SVCV, Inc., NextRock & Co, and NextLife Insurance Group.

Additionally, we are establishing Tokyo as our global headquarters and developing operational bases in New York, Hong Kong, Dubai, and Bermuda.

The full text of the Founder's Letter and Manifesto is as follows:

“An architect's dream is an engineer's nightmare.

A designer's dream is an operator's nightmare.

And below every successful stage is a strong and solid foundation.”

“To the new 21st century.”

To our investors, partner companies, and all stakeholders,

Five years since the initial conception, we have now reached the stage of turning this vision into reality.

Our company is building a long-term capital infrastructure that integrates finance, technology, and culture, with Asia as its base.

Inspired by sustainable business models exemplified by Apollo, Brookfield, Blackstone, LVMH, and Berkshire Hathaway, we aim to create a next-generation platform focused on medium- to long-term value creation.

Our group is progressively constructing an integrated platform that organically connects:

- Insurance and reinsurance

- Asset management

- Long-term capital operations

- Cross-border investments

- Culture and consumer businesses

One management foundation.

Three specialized platforms.

One direction.

Three independent organizational structures.

One corporate group.

Diverse asset portfolios.

Through a highly diversified capital structure, we aim to establish a business foundation with medium- to long-term stability and resilience.

We will also advance cross-border operations, integration across multiple sectors, and the utilization of advanced financial functions under strict discipline and careful risk management.

The goals we set are by no means easy.

However, such integrated business models already have proven track records in today’s financial markets.

Institutions such as Apollo, Brookfield, and Eldridge operate multiple businesses under a single holding structure.

Within this framework, we position “next-generation brands,” “proprietary content,” and “high-level cross-border deals” as our core areas.

Furthermore, from the perspective of liquidity management and capital efficiency, we plan to establish SPVs (Special Purpose Vehicles) on a per-deal basis.

In addition, through our reinsurance operations in Bermuda, we are gradually exploring collaboration frameworks with external capital in life insurance, pensions, and insurance-linked investments.

Currently, we have completed initial infrastructure development, including branding, public relations, and media platforms, to a certain extent.

However, our management team places the highest priority on grounding this vision in solid execution capabilities, appropriate governance structures, and sound financial discipline.

Even before formal external fundraising, we have continued to build our business foundation over a sustained period.

We would like to express our deepest gratitude to Justin, Adriana, Erich, Kyle, and all other stakeholders who have supported our team from the early stages.

Your support has been the foundation of our current progress.

Moving forward, we will advance the following as our next key initiatives:

- Implementation of bridge financing

- Recruitment of core talent

- Establishment of overseas offices

- Investment mandate discussions

- Evaluation of major deals

Vision 2030

[Platform Structure]

NextRock Investment Group will function as the holding company overseeing the entire group.

[NextRock Investment Group.]

(HoldCo)

├ NextRock & Co

(Asset Management)

├ NextLife

(Insurance & Reinsurance)

└ SVCV

(Cultural Holding)

■ NextRock & Co

Platform responsible for asset management operations.

■ NextLife / NextLife Re (Bermuda) Ltd.

Insurance and reinsurance operations based in Bermuda.

■ SVCV

Cultural business overseeing fashion, consumer, and entertainment sectors.

Each platform operates under independent regulatory and operational frameworks, with distinct financial responsibilities and investment policies.

[Culture Business and Risk Management]

We fully recognize that the culture and consumer sectors possess market characteristics distinct from financial operations.

At the same time, in global luxury enterprises, sectors such as:

- Leather goods

- Accessories

- Beauty and fragrances

- Recurring consumer products

serve as stable revenue foundations.

We will also strengthen our adaptability to various market environments through collaboration with global partners.

[Current Progress]

We are progressively advancing the following foundational developments:

■ Corporate and Registration

- Incorporation of SVCV Group Inc. in Delaware

- EIN acquisition

- CIK number acquisition for SEC filings

■ Regulatory

- Filing of Form D

- Preparation for Form ADV submission

■ External Partner Framework

- Contracting with global service providers

- Initial press release execution

■ Deal Sourcing and Talent

- Initiation of due diligence on target deals

- Interviews with investment team candidates

■ Capital Structure

- Completion of capital design for founders and initial shareholders

[Medium- to Long-Term Portfolio Vision]

We are focusing on approximately 50 companies in the SVCV domain, around 20 brands in VC-related areas, and insurance and payment-related businesses in the financial sector.

In the medium to long term, we aim to build a portfolio of 70 to 80 companies across the group.

[Toward the Next Era]

We prioritize sustainable institutional building over short-term expansion.

Finance, technology, culture, and insurance—these sectors are transitioning from operating in isolation to becoming increasingly interconnected.

We aim to build a management foundation capable of integrating multiple domains from a long-term perspective.

We sincerely appreciate your continued support and understanding.

POTENT, TOGETHER.

“There's a word in Japanese called “Kanōsei” (可能性).

It means “potential”.

Japan has a word: “possibility.”