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Ladd & Co.

Family offices.

Direct deal access on a per-investment basis, alongside the firm. No blind pool, no fund-cycle constraint, no double layer of fees.

Family offices invest in opportunities the firm originates, underwrites, and holds principal positions in.

Why this fits a family office.

Family offices that allocate to private markets choose between three structural paths.

Commit blind capital to a private equity fund, source and underwrite direct positions themselves, or co-invest alongside a sponsor on individual investments.

Each has structural trade-offs.

A fund delivers diversification and outsourced sourcing at the cost of per-deal discretion, fund-cycle exit timing, and a double layer of fees. Direct sourcing delivers full control but requires deal flow, diligence capacity, structuring infrastructure, and ongoing administration that few family offices want to build at scale. Per-investment co-investment sits between the two: the family office decides on each opportunity individually, on visible terms, with the sponsor running the work that the family office would otherwise have to do itself.

Ladd Capital's model is built for this third path. The firm originates investments, underwrites them, structures them, and takes its own principal position before any external capital is invited. Family offices invest on the same economic terms as the firm. The diligence file is shared in full; the structuring is explained; the administration is run by the firm through the holding period.

Two access paths.

Family offices access investments through one of two structural paths.

Cash co-investment

For per-investment commitments below $1M, the family office subscribes to the investment's single-purpose vehicle alongside other syndicated investors. The SPV holds the position in the underlying asset and the family office receives pro-rata returns on the same terms as the firm.

Minimum commitment is $100,000; typical floor is $250,000. The structure handles diligence sharing, structuring, governance, capital calls, distributions, and reporting through the firm's investor platform.

$100,000 floor

$250,000 typical

Below $1M per investment

Firm runs administration

Direct cap-table

For commitments at $1M or above, family offices may take direct positions on the cap table of the underlying asset, alongside the firm's position. Direct positions are structured per investment the family office's name appears on the cap table, terms are negotiated where required, and the family office holds the position directly rather than through the SPV layer. This suits family offices establishing ongoing exposure to specific sectors or geographies, families with their own governance preferences for direct holdings, and multi-generational structures that benefit from the family entity being the direct holder of record.

$1M+ per investment

Family entity holds directly

Terms negotiated per investment

Suits multi-generational holdings

Evaluating an investment.

Every investment shown to investors has already passed the firm's own underwriting bar.

The firm's diligence file is the basis on which the investment is shared not a marketing summary, but the actual commercial, financial, legal, and reference work the firm did before committing its own position.

For a family office evaluating an investment, this is the difference. The family office is not handed a teaser and asked to commit on a thesis. The family office receives the full underwriting work, the structuring rationale, the firm's view on risk and return, and the terms on which the firm itself is invested. The family office's diligence is whatever incremental work it wants to do on top of the firm's typically commercial reference checks, sector-specific perspectives, or alignment with the family's broader portfolio.

The timeline from investment introduction to family office decision typically runs two to four weeks; longer for cross-border investments or where the family office's investment committee requires additional process.

Sector and geographic fit.

The firm's deal flow covers the sectors listed on the criteria page technology and software, real estate and development, energy and natural resources, financial services, healthcare and life sciences, infrastructure and logistics, consumer and luxury goods, industrials and manufacturing, defence and aerospace, hospitality and entertainment, media and telecommunications, and private equity and venture co-investment.

Family offices typically have allocation preferences and exclusions based on existing portfolio exposure, family interests, or thematic preferences. The platform records these preferences during onboarding and the firm matches inbound investments to family office mandates accordingly. A family office focused on industrials and consumer will not see early-stage technology positions; a family office with a defence-related exclusion will not receive defence investments.

Geographic fit follows the same logic. The firm's office coverage spans nine financial centres globally; family offices set preferences for the jurisdictions they hold and the structures they prefer. Cross-border investments are common and are structured to suit the family office's existing entity architecture.

What the family office receives

Full diligence file

Underwriting model and assumptions

Structuring rationale and terms

Firm's ownership form

Reference contacts where appropriate

Typical decision timeline

Two to four weeks

Longer for cross-border or IC-driven processes

Reporting and administration.

Family offices have established reporting systems for their portfolios and require structured data on performance, capital calls, distributions, and holdings.

The firm's platform provides quarterly performance reporting per position, capital call and distribution notices with structured payment instructions, annual audited financials where the SPV structure requires audit, and holdings data in formats compatible with major family office reporting platforms.

Where the family office uses one of the major reporting platforms Addepar, Eton, Asset Vantage, or others the firm coordinates with the family office's reporting team during onboarding to ensure the data feeds match the family office's existing infrastructure. For direct cap-table positions, reporting is structured per the family office's preferences and the underlying asset's reporting cadence. Where the family office holds board observation or directorship rights, the firm coordinates information flow alongside the company.

Reporting infrastructure

Quarterly performance per position

Capital call and distribution notices

Annual audited financials where required

Major reporting platform integration

Addepar, Eton, Asset Vantage, others

Direct integration during onboarding

The firm's economics.

The firm invests in every opportunity it brings. We do not bring what we would not own.

Its position is cash co-investment alongside investors on pari passu terms, equity directly at the cap table, or carried economics above an agreed hurdle on investor returns. Where the firm holds pari passu, the firm's outcome and the family office's outcome are the same. Where the firm holds carry, the firm earns only above the hurdle; below the hurdle, the firm's economic outcome is zero.

The firm does not earn placement fees, ongoing management fees, or other event-based fees that are structurally common in fund and agency models. The economic alignment is structural the firm earns when the family office earns, on the same basis.

The principles behind this approach are set out in Why We Own.

Self-serve onboarding

Access private investment opportunities through the firm's investor platform.

The platform is designed for individual investors, family offices establishing per-deal exposure, and other direct allocators. Eligibility, onboarding, and access to current opportunities are managed through the portal. Request access to begin qualification.

Speak with the team

For larger commitments or more complex investment structures, the engagement begins with a conversation.

The team works directly with family offices, institutional investors, sovereign allocators, and investors with bespoke structuring requirements. To discuss a potential allocation, .