Website Disclaimer October 2024

Important Legal Information & Terms of Use

By using the Cape Capital website (“Website”), you declare that:

By clicking “Accept all” you acknowledge and accept the following Important Legal Information and Terms of Use:

About this Website

The content of this Website (including microsites) has been prepared by Cape Capital AG, with its registered address at Utoquai 55, 8008 Zurich, Switzerland (“Cape Capital”), duly registered at the commercial register of the Canton of Zurich with number CHE-109.617.147. and contains the views and opinions of the particular individuals and is for general information and marketing purposes only. All copyrights and other rights, included but not limited to logos and registered trademarks relating to the entire content of the Website are reserved exclusively to Cape Capital or the specifically designated right holders. Any use, in particular the reproduction or publication in full or in part is permitted only with the prior written consent of Cape Capital. Cape Capital may from time to time suspend the operation of this Website for repair, maintenance or improvement work, or in order to update or upgrade its content or functionality. Cape Capital may also change the format, content and/or access of this Website at any time at its sole discretion without notice. Although Cape Capital believes that information provided on this Website is based on reliable sources, content on this Website is presented only as of the date published or indicated, and may be superseded by subsequent market events or for other reasons. Therefore Cape Capital cannot assume responsibility for the quality, correctness, timeliness or completeness of the information contained herein. Unless otherwise stated, the numbers/figures on the Website are unaudited.


Regulatory Status & Ombudsman

Cape Capital is a regulated asset manager of collective assets according to the Federal Act on Financial Institutions of 15 June 2018 (FinIA) and supervised by the Swiss Financial Market Supervisory Authority FINMA, Laupenstrasse 27, CH-3003 Bern, Switzerland (FINMA). The Website contains information about various collective investments (“Funds”) which may have been registered or otherwise notified for distribution and marketing in the jurisdiction you have selected. Please note, that such registration or notification does not mean that the Funds are suitable for all investors and their investment objectives, financial situation and risk profile. As an asset manager of collective assets, Cape Capital is, among others, subject to the rules under the Swiss Financial Services Act (FinSA), the Swiss Collective Investment Schemes Act (CISA) and the Swiss Financial Institutions Act (FinIA).Cape Capital is affiliated to the following Ombudsman according to FinSA: Finanzombudsstelle Schweiz (FINOS), Talstrasse 20, CH-8001 Zurich, Switzerland. For further information, please refer to the General Client Information Document available on the Website which forms an integral part of these Conditions.


No Solicitation, Offer, Recommendation or Advice

Nothing contained on this Website constitutes a solicitation, an offer or a recommendation to buy or sell any Cape Capital Funds or other financial instruments, nor does it constitute any form of personal investment advice which takes into account your personal circumstances. Cape Capital does not provide investment, legal, tax or other advice through this Website and nothing herein should be construed as such advice. Cape Capital does not represent that any Cape Capital collective assets or financial instruments mentioned on this Cape Capital website are suitable for any investor. Investment or other decisions should be made solely on the basis of the relevant product and/or service documents (prospectus/offering memorandum, fund contract/articles, key information documents, financial reports) of the respective collective investment. If not a Cape Capital client, it is strongly recommended to contact a professional financial advisor, tax consultant or other qualified expert in order to determine whether an investment in a Fund or other financial instrument corresponds to the specific requirements and preferred level of risk of the investor.


US Persons

Any collective investment schemes mentioned on this Website may, unless explicitly stated otherwise, not be offered, sold or delivered to United States (U.S.) citizens or persons resident or incorporated in the U.S. and/or other natural or legal persons whose income and/or returns, regardless of origin, are subject to U.S. income tax, as well as persons who are considered to be U.S. persons pursuant to Regulation S of the U.S. Securities Act of 1933 and/or the U.S. Commodity Exchange Act, in each case as amended from time to time.


Risk Considerations

The provision of financial services and investments in Funds and other financial instruments involve opportunities but also bear risks, including the risk that the value of investments and the income therefrom may fall or rise and investors may not get back the full amount invested or may even lose all of their investment. Investors should ensure to have fully understood such risks before taking any investment decisions. Cape Capital strongly advises to consult the brochure “Risks Involved in Trading Financial Instruments” of the Swiss Bankers Association (SBA) as well as  the relevant documents of the respective Fund or financial instrument and to seek professional investment advice before taking any decision to invest. Investors should note, that these Conditions do not represent a complete statement of risks associated to a Fund or a financial instrument. Past performance is no indication of current or future performance. Performance data do not include commissions and costs incurred by investors when subscribing or redeeming Fund shares.Investments, in particular collective investments in private equity, venture capital and other illiquid assets involve an above-average degree of risk, including the risk that losses may even exceed the original investment and should be seen as long-term in nature.


No Warranties

The use of this Website, including any information accessed, downloaded or otherwise obtained through the Website is at your own risk. This Website, together with all content, information and materials contained therein, is provided “as is” and “as available”, without any representations or warranties of any kind, whether express or implied, with respect to the Website, and all information and functionalities contained therein.


Limitations of Liability

IN NO EVENT SHALL CAPE CAPITAL BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, CONSEQUENTIAL OR OTHER DAMAGES (INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OF DATA, BUSINESS OR PROFITS) ARISING OUT OF OR IN CONNECTION WITH THESE CONDITIONS, THIS WEBSITE, THE INABILITY TO USE THIS WEBSITE OR ANY INFORMATION OBTAINED OR STORED THERFROM. Cape Capital excludes any liability for any loss, damage or alteration of any kind including but not limited to transmission to losses, delays, misunderstandings, unauthorized interception by third parties, duplication or fraud, except in the event of gross negligence on the part of Cape Capital. Any transmission or download of information is entirely at your own risk.


Use of Links

The hyperlinks on the Website are only provided for information and convenience purposes. Cape Capital is not responsible for the content of external websites that link or are accessible from this Website. Cape Capital does not assume any responsibility or liability with respect to any website accessed via this Website. Please note that when you click on any external website’s hypertext link you will leave this Website. You should review the privacy statements of such websites carefully before you provide any personal or confidential information.


Electronic Communication Channels

The use of electronic communication channels, in particular unencrypted e-mails and text messages, is associated with various risks which may include, but are not limited to, the risk of transmission errors, alterations or duplications, the risk of interception or manipulation of content and the risk of introducing malicious software (malware) by unauthorized third parties. By using such electronic communication channels, you accept these risks and agree to bear any resulting losses or damages.

Data Protection and Privacy Settings

Cape Capital has established a Cape Capital Privacy Notice, which forms an integral part of these Conditions. It explains how personal data is collected and processed at Cape Capital, including this Website. Cape Capital uses cookies to personalize and improve site experience. You can at any time change or withdraw your consent from the Cookie Declaration on the Website. Your consent applies to the following domains: capecapital.com. Your current state: Consent accepted or Consent rejected. Manage your consent.


Applicable Law and Jurisdiction

The access and use of this Website, and these present Conditions are governed by substantive Swiss law with the exclusion of the conflict of law principles. The place of jurisdiction is Zurich, Switzerland.

Last Update: October 2024

Your preference will be securely stored for the next 30 days.

DeclineAccept All

To access the website, the terms and conditions need to be accepted.

View terms
Präferenzen

Datenschutz ist uns wichtig, daher haben Sie die Möglichkeit, bestimmte Speicherarten zu deaktivieren, die für das grundlegende Funktionieren der Website möglicherweise nicht erforderlich sind. Das Blockieren von Kategorien kann sich auf Ihre Erfahrung auf der Website auswirken. capecapital.com

Alle Cookies akzeptieren

Diese Elemente sind erforderlich, um grundlegende Funktionen der Website zu aktivieren.

Immer aktiv

Diese Artikel werden verwendet, um Werbung anzuzeigen, die für Sie und Ihre Interessen relevanter ist.

Diese Elemente ermöglichen es der Website, sich an Ihre Entscheidungen zu erinnern (z. B. Ihren Benutzernamen, Ihre Sprache oder die Region, in der Sie sich befinden), und erweiterte, persönlichere Funktionen bereitzustellen.

Diese Elemente helfen dem Website-Betreiber zu verstehen, wie seine Website funktioniert, wie Besucher mit der Website interagieren und ob möglicherweise technische Probleme vorliegen.

Danke! Deine Einreichung ist eingegangen!
Hoppla! Beim Absenden des Formulars ist etwas schief gelaufen.

Taking back control

FOLIO Edition III
Innovation & Technology

From deep-fakes to derailing democratic values, technology is being deployed to manipulate and control. Zoe Weinberg has a game-changing idea that brings innovation and capital together to restore human agency in the digital realm.

For Zoe Weinberg, it was a summer spent as an aid worker in Iraq six years ago, when Mosul was being retaken by the Iraqi forces and the American Coalition, that she had a lightbulb moment about technology. ‘I saw over and over again the ways in which technology was being deployed in the course of conflict to surveil and control people but also the ways that it was being leveraged, from bitcoin miners who set up in operation because the Iraqi dinar wasn’t a reliable currency, to encrypted communications and messaging,’ recalls Zoe who was then studying human rights law and international humanitarian law at Yale Law School. ‘One of the key sources of truth when it came to the Mosul frontline was a Twitter (now X) account called Mosul Eye.’

Headshot (v3)

Of course, it’s not only in war settings where technology can be utilised to both help and hinder society – how we harness new digital innovation affects everything from news feeds to elections and AI. The latter is a subject that Zoe is well versed in, having done stints in both Research and Machine Intelligence at Google and on the National Security Commission on Artificial Intelligence. ‘I did an MBA at Stanford Graduate School and it was while I was there that I started to dig into the implications of AI from a technological and business perspective, and I do think that generative AI in many ways is potentially changing the game,’ she says.

Although there are often two polar schools of thought around its development – either that it’s detrimental to humanity and we should pause all progress, or that we should let it flourish with no restrictions – Zoe believes that there is an alternative. ‘I think there is a way to forge a third path which is a positive vision of an AI innovation ecosystem that also has ethics and responsibility at its core and I would be interested in helping bring that into reality. There is space for both industry leaders to make commitments to certain guidelines, and a role for governments to intervene in helping shape what we think is ultimately beneficial for society, and what poses too high of a risk or constitutes reckless development.’

However, AI is just one area of Zoe’s expertise. Where she is set to really play a role in shifting the dial is in her disruptor approach to technology itself. ‘Historically we think about technology in certain sectors or verticals like AI, quantum and blockchain. Thinking about it in terms of the ability to restore human agency and give individuals control is not a lens that I have seen brought to technology or investing before,’ says Zoe, who is working on ex/ante, a project–still in stealth–aimed at advancing free societies and countering digital authoritarianism.

‘I think that democracies are vulnerable and under threat to a degree that hasn’t been seen in a long time and while physical threats are always going to exist, now conflict can also play out through disinformation, state sponsored internet blackouts, censorship and enhanced surveillance, all facilitated by digital means,’ says Zoe. ‘Democracy protection is a form of national security and I think it’s important to tackle all these problems. In the past, the intersection of technology, investing and democracy was around government technology and civic technology, such as investing in tools to make it possible for people to contact their local representative or register to vote. I’m interested in technology that gives individuals more control over their data, their assets and the information they consume; fundamentally, that is a form of advancing democratic values, accountability and all of those things we hold dear in a free society.’

To do this, Zoe is helping companies that are building solutions to provide that control – whether through censorship-resistant decentralised storage, identity tools that give users more power over their digital footprint on the internet, cybersecurity and enhanced privacy, or deep fake detection. ‘I’ve been working with a company focused on deep-fake detection. The threat of photorealistic content that has been manipulated is very real, particularly, in the context of the upcoming election cycle and a rapidly evolving news cycle’ she explains.

‘Part of it is the technological challenge of identifying when something is fake and whether there is a way to watermark content or have a forensic tool that allows you tell if it’s authentic. But there’s also a psychological piece too. Studies show even if people are told that content is fake, many will still believe it might be real because there is such a strong confirmation bias and we’ve been trained to trust our eyes. While certain things around disinformation such as propaganda and photoshop are not new, the uncanniness of how good the technology is becoming is what changes the equation.’

AI

There’s also a lack of understanding around how immersive experiences such as virtual reality, the metaverse or gaming environments impact our ability to distinguish real from fake. ‘There hasn’t been a ton of research on how disinformation travels throughout a gaming environment or the metaverse,’ says Zoe. ‘We don’t know if seeing an immersive video, as opposed to a feed on your phone, affects your ability to distinguish fiction from reality. You may have a very visceral reaction to something that’s hard to detach from.’

While some companies she is partnering with are developing cutting-edge tools from scratch, others are harnessing existing technology in ways that favour the user. ‘I would be keen to work with someone if what grounds their product and who they sell it to, is a point of view about how technology should exist in society that ultimately bolsters the world we want to live in.’

In this article
Written by