Asset manager Cathie Wood implied that she would create a Fund that would incorporate private investments.

On June 9 Cathie Wood gave hints that she would be starting up a crossover fund soon. It shall include public as well as private investments.

"We're [the] closest to a venture capital fund in the public equity markets, and we're going to start a crossover fund,” Wood said in an interview with Bloomberg.

Wood jumped to popularity when her young, "disruptive" technology stocks took off in 2020 which gave an arrival of 153% that year.

Yet, the asset has descended as technology stocks have tumbled. Ark Innovation fell 23% last year and has surrendered 55% so far in 2022.

The fund’s biggest holdings are Zoom Video Communications  (ZM), Roku  (ROKU), Tesla  (TSLA), Crispr Therapeutics  (CRSP)

As Ark Innovation and other Wood funds have tumbled lately, she has safeguarded herself by saying that she has a five-year investment horizon.

But, the five-year annualized return of Ark Innovation added up to 10.79% through June 8, a long ways behind the S&P 500's 13.09% return.

Private sectors are innately unstable, and even experienced financial backers can experience cruel misfortunes.