Lailaps Capital, L.L.C.

Lailaps Capital provides ongoing portfolio management and financial planning to individuals (including high-net-worth individuals), as well as to corporate/business entities and charitable organizations. The firm reports approximately $42 million in assets under management across 15 client accounts and advises on a wide range of vehicles, including mutual funds, equities, fixed income, REITs, ETFs, commodities, hedge funds, private equity, venture capital and private placements.

The adviser creates individualized Investment Policy Statements and generally manages accounts on a discretionary basis, aligning asset allocation, security selection and monitoring with each client’s goals, time horizon and documented risk tolerance. Its process combines multiple methods of analysis — charting, fundamental, technical, cyclical, quantitative and modern portfolio theory — and may use long- and short-term trading, options, margin and short sales as portfolio implementation tools.

What is distinctive relative to many peers is the firm’s explicit willingness to work with charitable organizations and business entities and to provide access to higher-complexity, less-liquid investments such as private placements, hedge funds and venture capital. The brochure also notes operational features that stand out for a small adviser: clients are required to use a specific custodian (Schwab Institutional), accounts are reviewed quarterly by the same reviewer, and the firm does not aggregate trades for multiple clients.