Emerald Hills Capital, LLC

Emerald Hills Capital is a state-registered independent investment adviser that provides discretionary portfolio management, financial planning and consulting to individual and high‑net‑worth clients and also offers investment through Etalon Investments, LP, a private pooled investment vehicle it manages. The firm reports roughly $16 million in assets under management as of December 31, 2024, operates as a single‑advisor practice, and generally requires substantial initial investments (the brochure cites a $500,000 guideline for individual managed accounts and a $250,000 minimum for the fund).

The firm’s investment approach relies on fundamental analysis with a long‑term orientation, emphasizing small‑ to mid‑cap companies with limited analyst coverage and constructing primarily equity portfolios that may use options, derivatives, margin and occasional short positions for implementation or hedging. Emerald Hills offers traditional percentage‑of‑AUM management for typical accounts while also making performance‑based fee arrangements available to qualified clients and to fund investors, with performance fees calculated quarterly and subject to a hurdle and a multi‑year high‑water‑mark.

What is distinctive about the firm relative to many solo independent advisers is its role as general partner and manager of a private hedge fund and its direct management of pooled investment vehicle clients—services that are uncommon among peers of this size. The firm’s structure gives it custody authority over the fund’s assets (mitigated by an annual independent audit) and it is led by a principal with advanced quantitative credentials, which the brochure highlights as part of its investment oversight.