Ludus Capital, LLC logo

Ludus Capital, LLC

Updated today

Client AUM

$360,000

Clients

6

Advisors

1

of 1 employees

About

Ludus Capital provides discretionary investment management through separately managed accounts to a mix of individual and select institutional clients, including qualified individuals, trusts, charitable organizations, other investment advisers, and corporate entities. Accounts are custodied at independent third‑party custodians, and Ludus generally requires clients to use Interactive Brokers for execution and custody.

The firm follows a value-oriented, opportunistic equity strategy that seeks undervalued businesses while retaining flexibility to invest across a wide range of domestic and international instruments, including stocks, bonds, convertibles, futures, options, and other derivatives. Portfolios are typically concentrated (the firm expects 5–10 positions), constructed after focused due diligence, and managed with a long-term orientation that acknowledges the potential for short- and medium-term divergence from market returns.

Notable features in the brochure include an alternative fee option that pairs a lower base management fee with a performance allocation equal to 15% of net annual profits above a defined hurdle, subject to a high‑water mark with a ten‑year lookback and implemented for Qualified Clients in accordance with California regulations. The combination of a modest asset base and limited client roster with the use of derivatives, potential leverage, and service to atypical client types for a small adviser (other advisers, charities, and corporate entities) distinguishes Ludus from many peers.

Client services

Portfolio management

Expertise

Active portfolio management Concentrated stock management Options & derivatives strategies Real estate investing

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Fee options

Performance-based

Performance Allocation of 15.0% of net annual profits above a hurdle rate and high-watermark, paid annually to Qualified Clients under Option B.

Other

Account minimum: $100,000 (may be waived at Ludus' discretion)

Main office

418 Broadway, #5887

Albany NY 12207

Advisors at this office

1

Most active in

New York

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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