Lafitte Capital Management Lp

Lafitte Capital Management, LP is a registered investment advisor specializing in investment management for private pooled investment vehicles. Established in March 2005, the firm focuses on achieving capital appreciation through long and short investments in U.S. equities, particularly in sectors like consumer, gaming, energy, financial, and industrial. Lafitte tailors services to individual client needs and investment strategies, with assets under management totaling $177,359,154 as of December 31, 2021. Clients are charged a quarterly asset-based fee of 1.5% and an annual performance allocation of up to 20%. The firm emphasizes a bottom-up approach to analysis, evaluating opportunities based on fundamentals and research. Investment strategies include long-term purchases, short-term purchases, trading, short sales, and margin transactions. Lafitte does not guarantee future performance and warns of associated risks, such as market fluctuations and investment losses. The firm operates under a code of ethics, ensuring client interests are prioritized, and discloses potential conflicts of interest. Lafitte exercises investment discretion for client accounts, with authority over securities transactions, broker selection, and commission rates. The firm also manages proxy voting for client securities and maintains financial stability to continue providing services.