Next Generation Trust Company, a custodian of self-directed retirement plans, has announced a strategic partnership with KJLK & Co., LLC, a firm that manages the Square One Fund, LP, a private investment platform. This collaboration allows accredited investors who hold self-directed IRAs with Next Generation to invest in the Square One Fund, thereby gaining exposure to a diversified portfolio of alternative assets including private equity, venture capital, private credit, hedge fund strategies, real estate, and infrastructure.
The Square One Fund operates as a dual-track private investment platform with parallel fund structures under Sections 3(c)(1) and 3(c)(7) of the Investment Company Act of 1940. This structure enables the fund to accommodate both qualified purchasers and accredited investors through a dedicated parallel feeder vehicle, providing streamlined access to alternative strategies within a single, professionally managed ecosystem. According to Jaime Raskulinecz, CEO of Next Generation Trust Company, this partnership allows accredited investor clients to diversify their retirement investments with 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, all investors' statuses are subject to mandatory independent third-party verification. Joseph LaTurner, principal of KJLK & Co., explained that the 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. He emphasized that their team consistently compares intrinsic value against cost, adhering strictly to a value-oriented investment philosophy regardless of broader market cycles, which delivers strong long-term benefit to partners with greater redemption flexibility than many comparable private funds.
LaTurner selected Next Generation as the strategic partner because of Raskulinecz's entrepreneurial spirit and the team's ability to think differently about investing, noting that their operational flexibility reflects positively on what they do on the quantitative and portfolio management side. Next Generation Trust Company is officially featured under "Products" on the KJLK website as the preferred self-directed IRA custodian for its alternative strategy and private market products. LaTurner added that many registered investment advisors (RIAs) have inquired about the fund on behalf of their high-net-worth clients, highlighting how these clients stand to benefit from utilizing a self-directed IRA to seamlessly capture non-correlated alternative asset exposure.
Raskulinecz agreed and invited independent fee-based financial advisors to work with them to expand their clients' access to alternative assets while also enhancing their own investment knowledge. She noted that when clients open a self-directed IRA at Next Generation, advisors retain the client relationship and assets under management, continue collecting their customary fees, and help clients build a more eclectic portfolio through the many nontraditional investments self-direction allows.
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.
