Lake Whillans Capital Partners LLC

Lake Whillans Capital Partners LLC, established in 2013, is a Registered Investment Adviser specializing in legal-related assets. The firm manages private investment funds on a discretionary basis, focusing on investments in legal risk opportunities. Lake Whillans' investment strategy aims to generate returns by evaluating the merits of legal claims and potential for significant returns. The firm managed approximately $246 million in assets as of December 31, 2024. Clients of Lake Whillans' Funds should be prepared for significant risks, including the potential loss of their entire investment. The firm charges management fees based on the Fund's offering documents and may receive performance-based compensation. Lake Whillans acts as a fiduciary, obligated to act in the best interests of its investors. The firm's investment philosophy involves making long-term investments suitable for clients with substantial financial means. Lake Whillans discloses potential conflicts of interest, such as the allocation of investment opportunities among Funds and the receipt of performance-based compensation. The firm does not engage in brokerage transactions and uses qualified custodians for custody of client assets. Clients should be aware of the risks associated with legal risk investments and the lack of liquidity in such investments. There have been no disciplinary actions taken against Lake Whillans or its management team.