Three things we do well.
Treasury & Cash
Idle cash is a liability at current rates. We map your liquidity needs, build a cash waterfall, and place the residual across duration and instrument. Most mandates recover 80–120 bps annualized in the first quarter.
Portfolio Strategy
Position sizing, factor exposure, risk-adjusted return targets. We write a thesis before we touch an allocation. The thesis is revisable; the process is not.
Risk Advisory
Tail scenario modeling, downside hedging, and regulatory exposure mapping. We stay on the mandate until the risk profile matches the thesis — not just until the report is filed.
Three types of mandate.
Founders
Pre-liquidity capital planning, personal treasury after a liquidity event, carry and equity management across multiple vehicles.
We work with founders who are too busy to manage capital well and too close to their own companies to think about it clearly. We hold the clarity they need but don't have time to maintain.
Family Offices
Direct investment thesis, co-investment pipeline sourcing, portfolio monitoring, and governance frameworks for multi-generational capital.
Single-family and small multi-family offices. We are not a fund — we advise on where to allocate, not how to build a fund around it.
Operating Companies
Working capital optimization, capex financing structures, treasury policy for growth-stage and profitable businesses.
Most operating companies treat treasury as an afterthought until the line of credit gets called. We help build the policy before the situation demands it.
How an engagement runs.
Diagnostic
Three weeks. We audit the current capital structure, liquidity position, and risk exposure. Written report, no slide deck.
Thesis
A single document: where the capital should be, at what risk level, on what time horizon. Signed off by both sides before we move a dollar.
Monitor
Quarterly review. Thesis updates when the situation changes — not the relationship. Average tenure across active mandates is 4.2 years.