OUR PROMISE

Our goal is to help institutional investors manage the risk, and the rewards, inherent in the financial markets. This objective identifies the key risks within the enterprise and the investment portfolio, and then links these risks to the economic environment. The asset allocation design is implemented to meet the investment objectives while managing the portfolio for all the possible outcomes. Through the process, we manage to capitalize on risk.

Using innovative methods in portfolio design, asset allocation, and environment forecasting, methods applied at multi-billion portfolios for global institutional investors, Capital Risk Management LLC delivers results within a well articulated risk profile. With nearly two decades of success managing global multi-asset portfolios, extensive professional insights across all investment paradigms, we ensure that the path taken is the one that leads to your success.

WHAT WE BELIEVE

 

Core Beliefs

Capital Risk's goal is to support the endeavors of its current and future constituents through the preservation of current capital in real terms while growing over the long run. Achievement of this goal requires an investment framework to allocate current capital in the presence of uncertainty to generate future cash flows.

Capital Risk believes that there are three ways to generate sustainable tax-efficient after-inflation returns in a risk controlled manner within our constraints.

I.  Invest in people and partners with deeply specialized knowledge

Knowledge and experience are hard earned. No one can be everywhere, no one can know everything or everyone. The dual realities of time and capital efficiency preclude the prior outcomes. We prefer knowledge and experience because most investors do not have the time or the resources to do the work required. We do our own work and we insist that our partners do so as well. Whether it is investing in the potential of venture capital, relegated real estate, or the enhancement of operational efficiency with private capital, these outcomes requires people with deeply specialized knowledge to envision the overlooked value. We invest in talented people to enhance our knowledge, business, and investment returns.

II. Own businesses that enhance capital productivity

Do more with less. This is the story of capital efficiency. Over the last 200 years, humanity has unleashed its potential and seen quantum leaps in global living standards. This outcome is in part due to the ability of business to meet increasing demand with fewer resources. The incentives in a competitive market allow the best ideas and the most efficient operators to thrive. We own businesses with sustainable products or services, who allocate capital efficiently, and occupy a competitive position that permits further growth. Since change takes time, our capital is patient. We wait to buy when value is overlooked and we wait to sell until they are priced to perfection.

III. Allocate capital when market uncertainty is greatest

Risk is opportunity. When the value of assets is at their most uncertain, we venture forward. Capital markets are the most efficient means to allocate capital; however, this does not imply they are perfect. They are at times euphoric and at other times despondent. We are neither. We believe in people and their willingness to grow. We know in the long run the trajectory is up, even if our strategic intent may temporarily drift off course. We will forgo the fashion of the moment, sometimes at significant short-term opportunity cost. We will, when the sale begins, buy enduring ideas of compelling value. Investing is, in the final analysis, the ability to make decisions in the face of uncertainty, so we invest by managing risk. While there is no certainty to the future, the consistent application of a coherent investment philosophy will ensure that we have the discipline and the ability to act when opportunity arrives.

Leadership

Capital Risk Management LLC (Capital Risk) is focused on institutional investment management with deep capabilities in linking enterprise risk and the investment program into a coherent strategy for the business.

Capital Risk is led by it's principal, Jason, who leverages his twenty years of experience investing multi-billion dollar global portfolios and leading business enterprises from start-ups to multi-nationals. This experience is complemented by insights from his numerous professional associations including the CFAI, MTA, GARP, CAIA, and NABE. Jason has earned academic degrees in politics, economics, finance, and strategy.

San Francisco  |   Los Angeles  |  415-373-7152

 

©2003-2020 Capital Risk Management LLC

 

Capital Risk Management is a Registered Investment Advisor in California and may transact business there and in other states where it is notice filed or exempt.

Please note that although Capital Risk Management LLC is a Registered Investment Adviser, readers should be aware that registration with any state securities authority

does not imply a certain level of skill or training. Additional information about Capital Risk is available on the SEC’s website at www.adviserinfo.sec.gov or

through the Broker Check at FINRA.

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