Bespoke, concentrated portfolios built around your time horizon, risk appetite and liquidity needs.
Katniss-managed portfolios typically hold 8-15 positions. That's fewer than most wealth managers and deliberately so: depth beats breadth when capital is committed to asymmetric, illiquid opportunities.
Each holding is underwritten with a written thesis, an expected catalyst and a pre-defined exit plan. There are no positions we can't explain in a paragraph.
Before the first position goes on, we and the client agree on objectives, boundaries and cadence. That document becomes the scorecard.
Return target, time horizon, liquidity needs, currency exposure and downside tolerance written down and agreed.
Sector, single-name and asset-class caps. Exclusions. Leverage policy. The no-go list is as important as the go list.
Initial positions sized against the mandate, each backed by a written thesis and pre-agreed with the client.
Ongoing review of each thesis against actual developments. Quarterly written reporting to clients.
Annual mandate review — rebalance, refresh, or rewrite the framework based on lived experience.
This is an illustrative allocation for a balanced private-client mandate — not a recommendation, not a portfolio we currently run, not a promise of any particular outcome. Real mandates are shaped around your objectives, not a house template.
Cash weight typically flexes upward in stretched markets, downward when specific opportunities emerge.
Concentrated mandates require proportionate transparency. We over-communicate by design.
Position-level commentary, thesis check-ins, performance attribution, outlook.
Marked valuations, cash balance and any material events since the last report.
Catalyst plays, filings, funding rounds or anything thesis-relevant — shared the same day.
Full review of the framework, performance, fees and whether the mandate still fits your objectives.
Short enquiry, no obligation. Our team reviews every submission and arranges a private conversation before anything moves forward.
