AIR Asset Management ("AIR," "the Firm"), a Chicago-based alternative investment manager, announced that it is exploring opportunities to launch investment products in the pre-IPO Artificial Intelligence ("AI") sector. This initiative reflects AIR's continued expansion across the alternative investments landscape and furthers its mission to deliver innovative strategies and products to investors.

AIR is in discussions to engage an experienced team of independent market specialists for private securities to evaluate pre-IPO AI opportunities. Through this collaboration, AIR seeks to gain deeper knowledge, data, and insights into the pre-IPO AI market—perspective that is expected to support the Firm's evaluation of how such opportunities could contribute to long-term value for investors.

"Artificial intelligence is already driving tremendous returns across markets, and we see an opportunity to bring access to late-stage growth stories to a broader set of qualified investors," said Rich Beleutz, CEO of AIR Asset Management. "By collaborating with experienced private-markets specialists, we believe we will be able to evaluate opportunities with deeper context and provide our clients with informed access to this evolving space."

Beleutz added: "AI is transforming how we live and work at a pace unmatched by any technological advancement in history. As we continue to expand AIR's platform, we see an important role in helping facilitate thoughtful opportunities for investors to participate in this unprecedented era of innovation."