Lago Asset Management

LAGO Asset Management, LLC is a registered investment adviser based in Chicago, Illinois, established in March 2019. The firm specializes in providing investment advisory services to pooled investment vehicles exempt from registration under the Investment Company Act of 1940. As of December 31, 2024, LAGO Asset Management manages assets totaling $457,253,948 on a discretionary basis. The firm charges an annual management fee of 2% of Capital Commitments during the Investment Period and 2% of the aggregate cost basis of all investments thereafter. Clients of the firm typically include high net worth individuals, institutions, and other entities, with a minimum investment requirement of $250,000 for the Funds. LAGO Asset Management's investment strategy focuses on privately-held companies in the lower middle markets, with a particular emphasis on "Innovation Economy" companies. The firm conducts fundamental research and analysis to evaluate potential Portfolio Companies, closely monitoring performance and engaging with management to mitigate risks. While the firm does not receive performance-based fees, the Fund Manager may receive an Incentive Allocation based on net profits earned by investors in the Fund. LAGO Asset Management operates with discretion over client investments and maintains a detailed Proxy Voting Policy to act in the best interests of clients when voting on securities. The firm does not engage in soft dollar transactions and does not require prepayment of fees in advance.