A Soft Circle refers to an informal expression of investment interest from an allocator. It is non-binding and typically used in the early stages of fundraising to gauge potential investor interest.

A Soft Circle is a term used in investment fundraising to indicate non-binding interest from potential allocators. When an allocator shows a soft circle, they are signaling their willingness to invest without committing to a specific amount or timeline. This term is often used early in the fundraising process to help fund managers gauge the level of interest and potential capital that could be raised. Unlike a Hard Circle, which is a formal commitment to invest, a Soft Circle is more of a "tentative" or "conditional" commitment.

Confluence Group Brand Asset

Let’s connect you to the capital or strategies you’re looking for

We work with allocators, fund managers and strategy providers who value precision, discretion, and real results — not noise.

Let’s explore what’s possible, together.

Whether you’re allocating capital or managing it, we’re here to help you move forward with clarity and confidence.

Let’s explore what’s possible, together.

Whether you’re allocating capital or managing it — we’re here to help you move forward with clarity and confidence.

Let’s explore what’s possible, together.

Whether you’re allocating capital or managing it — we’re here to help you move forward with clarity and confidence.

Confluence Group Logo

Curated access to exceptional investment strategies, built on trust and long-term alignment.

© 2022–2025

Confluence Group

Investing in alternative strategies involves risk. Past performance is not indicative of future results. The value of investments can go down as well as up, and you may not get back the amount originally invested. These opportunities are intended for sophisticated or qualified investors who understand the risks involved. Please seek independent financial advice before making any investment decisions.

Confluence Group Brand Assets
Confluence Group Logo

Curated access to exceptional investment strategies, built on trust and long-term alignment.

© 2022–2025

Confluence Group

Investing in alternative strategies involves risk. Past performance is not indicative of future results. The value of investments can go down as well as up, and you may not get back the amount originally invested. These opportunities are intended for sophisticated or qualified investors who understand the risks involved. Please seek independent financial advice before making any investment decisions.

Confluence Group Brand Assets
Confluence Group Logo
Confluence Group Logo

Schedule an introductory call