Our Experience
Our 9 year experience with investing with the Aeon Group, Inc. has been a source of unbelievable frustration.
- We submitted for distribution of our AirBnB shares about 6 months after the IPO lockup expired on November 9, 2021 – the same day we received the distribution authorization from the Aeon Group.
- The Aeon Group failed to open our submitted request in Docusign when presented in November 2021.
- When confronted in March 2023 to complete distribution of the shares published as pending distribution on their account portal, Aeon Group and the fund manager made several claims:
- The Aeon Group representative first claimed that no distribution request was submitted.
- After providing a copy of the request to the representative, the fund manager then insisted we missed the deadline and refused to issue our shares.
- The CEO and fund manager, Mr. Demetrios Mallios, insisted the holdings were converted to a different investment series.
- He could not identify the value or nature of our holdings or the detail regarding the conversion and current value in the allocated series when pressed.
- The fund manager committed to getting a full accounting within two weeks in March 2023. He has not yet provided that accounting as of May 2026 despite numerous follow-ups.
- After committing to a cash distribution in September 2023, the CEO and fund manager has refused to honor his commitment to this day ( May 2026 ).
- The fund identified cash as available to fulfill the distribution in February 2026, however the fund lawyer refused my assertion that the account must remain open until such time as the undisclosed gains in the 5 year Series A investments ( assumed to include Anthropic, Anduril, OpenAI, X.AI, and other listed investments on the member portal ) are accounted.
- The undisclosed gains currently may exceed $10M given the assumed nature of the investments that the fund manager and his counsel refuse to disclose.
- The Aeon Group online account portal previously showed my ABNB holdings as pending distribution from the date the authorization was generated through September 2023.
- In October 2023 the portal began showing my holdings as being distributed in November 2021 while no distribution was actually provided.
- The Aeon Group account portal still does not identify what series my assets were moved into and indicates my holdings have disappeared completely. Neither have they provided an account statement in the last 6 years.
- We have requested account statements from Aeon on numerous occassions in the past 5 years and have received no statements for the 4 years of 2022-2025 inclusive.
- On our last request for a current statement of our account in February 2026, after Aeon reported funds were available to distribute amounts against our 5 year old distribution request, the attorney for Aeon Group stated that our distribution would be a “global settlement” and would not address the missing account statements or failure to account for our current account value.
- We ( my attorney Steven Dunn and I ) have filed a civil action against Aeon Group, Inc. due to their gross incompetence and apparent fraud in managing my investments.
Frankly, I’m a little surprised that Mr. Demetrious Mallios – the CEO of Aeon Group, Inc. and fund manager for Aeon Partners Fund, LLC – was invited to be a long standing host on the Dragon’s Den – a Shark Tank copycat in Greece.
Employees
The following are principal parties in our interactions with Aeon Group, Inc. in servicing our Aeon Partners Fund, LLC membership. None of these individuals are current or former employees of Aeon Partners Fund, LLC or other related entities formed by Mallios or his pass-through entities.
- Joshua Simmons, Account Rep, The Aeon Group, Inc – solicited purchase of shares
- Melissa Rojas, Admin, The Aeon Group, Inc – provided admin support to close transaction
- Pete Petino, COO, The Aeon Group, Inc – ppetino@alexandercapitalvm.com – responsible for generation and execution of LOAs for distribution
- Demetrios Mallios, CEO, The Aeon Group, Inc – dmallios@aeon.vc – CEO of The Aeon Group, Inc and fund manager of Aeon Partners Fund, LLC. Mr. Mallios is reputed to be a savvy global investment professional.
- Anthony Mallios, Operations Assistant, The Aeon Group, Inc – amallios@aeon.vc – responds to help requests on the AeonX portal.
- Vangellis Pallis, The Aeon Group, Inc – vpallis@aeon.vc –
- Alan Lewis, Chief Strategy Officer, The Aeon Group, Inc – alewis@aeon.vc
- Rock Klinefelter, The Aeon Group, Inc. – rock@aeon.vc – ???
Company History
The following is a summary of the Aeon Group, Inc.; Aeon Partners Fund, LLC; Aeon Capital, Inc.; and other related companies history per public information of DE, FL and WI government filings and member’s past transaction history. All businesses list their principal place of business on their registrations as: 1715 Highway 35, Suite 101, Middletown, NJ 07748.
- 15 Mar 2012: Strom Financial Partners, Inc. formed in WI
- 5 Feb 2013: Strom registered with FINRA as a broker
- 28 Feb 2013: Strom changed registered agent
- 26 Mar 2014: Strom changed registered agent
- 15 Jul 2014 : Aeon, Inc established as FL Corporation per Demetrios Mallios and Pavlou
- 10 Nov 2014: RCP Capital Markets, LLC established in NY
- 23 Nov 2015: Strom changed name to RCP Capital Markets, Inc.
- 23 Dec 2015: RCP Capital Markets, LLC changes name to RCP Capital Markets 2, LLC
- 09 Mar 2016: Aeon, Inc. filing – Mallios moves from FL to NJ – place of business change
- 01 Jan 2017: RCP, Inc became delinquent to WI
- 16 Mar 2017: RCP, Inc registered agent resigns
- 17 Mar 2017: RCP, Inc changes registered agent and is restored to good standing
- 10 Apr 2017: RCP, Inc changes registered agent
- 01 May 2017: RCP, Inc changes name to Aeon Capital, Inc.
- 31 May 2017: Aeon Partners Fund, LLC established per Demetrios Mallios
- 17 July 2017: Aeon, Inc name changed to The Aeon Group, Inc.
- 26 Apr 2018: The Aeon Group, Inc. registered agent change from Pavlou to CSC
- 29 Jan 2019: The Aeon Group, Inc. Alan Lewis added as Secretary
- 25 Mar 2019; RCP Capital Markets 2 LLC changed name to Aeon Capital Markets LLC
- 4 Jan 2020: Aeon Capital, Inc. paid FINRA fine in full related to violation of the taping rule
- 01 Jan 2022: Aeon Capital, Inc. delinquent with WI
- 08 Apr 2022: Aeon Capital, Inc. registered agent change and restoration to good standing
- 25 Nov 2022: Aeon Capital, Inc. reports business closure to FINRA
- 04 Jan 2023: Aeon Capital, Inc. registered agent change
- 31 Mar 2023: Aeon Capital, Inc. registered agent change
- 14 Apr 2023: Aeon Capital, Inc. paid FINRA fine regarding trading violations related to maintenance of minimum net capital
- 14 May 2023: Aeon Capital, Inc. SEC registration terminated
- 15 May 2023: Aeon Capital, Inc. registration with FINRA terminated
- 28 Jan 2026: Aeon Liquid IPO Fund, LLC established in DE – file # 10465923
The Aeon Group, Inc.
An independent corporation that provides all account management and transaction services for their account holders related to managed holdings that include Aeon Partners Fund, LLC and equity positions in that LLC entity. Their business offices moved from NJ in 2023 and are currently located at 66 West Flagler St, Suite 900, Miami, FL 33130.
Related Company – Aeon Partners Fund, LLC
A Delaware Series LLC file number 6445289 whose members contribute capital to invest as a single entity in pre-IPO companies where each investment is managed as a separate series within this LLC. US offices were co-located with the Aeon Group NJ address. We currently assume their offices have moved to Miami, FL to remain co-located with Aeon Group, Inc.
Related Company – Aeon Liquid IPO Fund, LLC
A Delaware LLC file number 10465923 listed by the Aeon Group as available for investment through Aeon Partners Fund, LLC. This offering seems odd where an LLC does not have a clear IPO exit strategy given the nature of the corporate structure. All other offerings through Aeon Partners Fund appear to be organized as corporations.
This structure might further create a perception that the Aeon Partners Fund is involved in a conspiracy to defraud its’ members by doubling the management fees payable to Mr. Mallios and his associates for investments the members might otherwise elect to make through Aeon Group with the Aeon Liquid IPO Fund directly, assuming Mr Mallios and his associates are managing both funds.
Alternately, this relationship might be leveraged to divert retained capital from Aeon Partners Fund into Aeon Liquid IPO Fund where members of Aeon Partners Fund would have less direct recourse to holding the fund manager of Aeon Liquid IPO Fund accountable for gross negligence, willful misconduct, and fraud. In such a case, they would be forced to rely on Mr Mallios to hold the fund manager of Aeon Liquid IPO Fund accountable and to enforce compliance gaps in adherence with operating agreement terms – which seems highly improbable given he is likely the manager for this fund.
Related Company – Aeon Group IKE
A Greek entity related to the AeonX web portal technology where the website attributes trademark to this entity. US offices are co-located with the Aeon Group NJ address.
Related Company – Aeon Capital, Inc.
Was the first identifiable entity formed and later renamed with the “Aeon” name. This entity was registered through FINRA under the broker check service – its’ CRD was referenced by The Aeon Group, Inc. employees while they were selling positions in Aeon Partners Fund, LLC. US offices are co-located with the Aeon Group NJ address. The 2019 financial statement published by the SEC outlines the relationship between Aeon Capital, Inc. and other entities.
Related Company – Aeon Capital Markets, LLC
Entity with 75%+ ownership of Aeon Capital, Inc. – Mallios is also listed as a 75%+ owner which may indicate this is a pass-through entity to Demetrios Mallios. Established 10 November 2014 in NY as RCP Capital Markets, LLC with a DOS ID of 4663727.
Related Company – Aeon Holdings, LLC
Implicated as an indirect owner of Aeon Capital, Inc. through Aeon Capital Markets, LLC. This entity was organized in WI on 06 March 2008 and ultimately filed articles of dissolution on 05 December 2019.
Aeon Acquisition, LLC
Limited liability company fully controlled by the Aeon Group, Inc. for purposes of investing in and isolating the equity position in Aeon Acquisition, Corp
Aeon Acquisition, Corp
Sponsored by Aeon Acquisition, LLC and registered with the SEC for an offering in 2021 to potentially launch a public investment company. There is no evidence of a publicly available equity for this company under this name or the symbol indicated in the SEC filing. The Aeon Acquisition Corp SEC filing indicates this fund is fully controlled by the Aeon Group, Inc.
Transaction History
My investment history with the Aeon, Inc DBA Aeon Fund follows the below transactions involving Melissa Rojas (mrojas@aeonfund.com) and Joshua Simmons (jsimmons@aeonfund.com) :
- Investment in Aeon Partner Fund – Series D Lyft through The Aeon Group, Inc. in April 2018
- Investment in Aeon Partner Fund – Series L AirBnB through The Aeon Group, Inc. in July 2018
- Investment in IDFund – Acreage via Phoenix Financial Group in December 2018. Melissa Rojas of The Aeon Group, Inc. provided initial information from The Aeon Group, Inc. DBA Aeon Fund, Inc. regarding this investment.