Santa Fe, NM Office

Dyad Capital provides discretionary portfolio management across a range of securities for individuals (including high‑net‑worth clients) and for institutional clients such as corporate pension and profit‑sharing plans, charitable institutions, foundations, endowments and other U.S. and international institutions. The firm manages roughly $2.3 million in client assets across about a dozen relationships and implements individualized portfolios for each account.

The firm is equity‑oriented and follows a value investment approach, seeking businesses it describes as easy to understand or “mundane and even boring” when valuation metrics (low P/E), balance‑sheet discounts, underrecognized free cash flow, or favorable corporate events meet its criteria; initial positions are commonly sized about 1–5% to ensure diversification. Portfolios are managed on a discretionary basis, with documented trade allocations and regular account reviews for clients.

Distinctive features include the firm’s use of soft‑dollar arrangements to obtain research and related services, and a client mix that includes both individual high‑net‑worth relationships and institutional/international accounts despite a relatively small asset base. The firm maintains a formal Code of Ethics and specific trading procedures that prioritize client transactions ahead of personal trades, supports aggregated order executions with documented allocations, and takes a cautious approach to proxy voting.