VLC
Dick Ledger
Founder & CEO
Final decision-maker. Sets allocation, approves trades, and owns the result.
Velvet Ledger
Capital
Founder & CEO
Final decision-maker. Sets allocation, approves trades, and owns the result.
Chief Investment Officer
Finds candidates, ranks opportunities, and writes investment memos.
Chief Risk Officer
Tests downside, fragility, concentration, liquidity, and sizing. Holds veto power.