Econody Fund LLC is a private gold fund with two separate series, managed by Econody M. It is the first fund of a team that has spent its career in physical gold and mining.
The team
The people who run Econody Fund have done this work themselves: buying, assaying, shipping and selling physical gold, and negotiating directly with mines, processors and refiners.
Nerijus Makselis
Founder and President
Nerijus founded Econody Fund and makes its investment decisions. He has bought, sold and exported physical gold, organised its assay, logistics and transport, sourced mining and processing equipment, negotiated with mining companies, processors, refiners and buyers, and invested in mineral-rich land and mines.
This is his first fund. His earlier work was done with his own or his companies’ capital, not investors’ money.
Edward Irías Pastora
Chief Mining Advisor and Vice President
Edward leads technical evaluation: geology, mining engineering, processing and assay. He gives the technical view on every mineral property, mining company, royalty and mining loan the fund considers, before capital is committed.
He is named as the person who takes charge of the Manager if anything happens to Nerijus.
Hands-on experience across the team
Buying, selling and exporting physical gold
Organising assay, logistics and transport
Sourcing mining and processing equipment
Negotiating with mining companies, processors, refiners and buyers
Investing in mineral-rich land and mines
Technical review of geology, mining engineering, processing and assay
How the fund invests
Both series draw on the same network and know-how, applied at different points of the value chain. Gold Series I invests across the industry, from mineral land and private mining deals to listed companies and physical gold. Gold Series II buys and sells physical gold.
No position is taken without a technical review of geology, assays and processing, and no gold is bought before the supplier passes written anti-money-laundering and sourcing checks.
Structure
Each series is kept apart by law, so what happens in one cannot reach the money in the other.
Econody Fund LLCDelaware series LLC
Gold Series IIts own investors, bank accounts, assets and books
Gold Series IIIts own investors, bank accounts, assets and books
Managed by Econody M
Legal form
Delaware limited liability company with protected series
Formed
August 29, 2025
Series
Gold Series I and Gold Series II, each with its own investors, assets, accounts and books
Manager
Econody M. It makes all investment and operating decisions and keeps the books
Offering
Private placement under Rule 506(c), Regulation D
Regulatory
The Manager files reports with the SEC as an exempt reporting adviser
Investors
Verified accredited investors; Gold Series I also requires qualified clients
Reporting
Statements are prepared by the Manager and are unaudited
Econody Fund
Contact Econody Fund
Request the offering documents, or book a call with the Manager.