BLK Capital Management, Corp
Lucas Richard has a diverse work experience, starting from 2022. Lucas participated in various programs and roles, including being a Career Prep Fellow in The Diversity Accelerator Program and a Fellow in the Sixth Street Fellowship Insights Program. Lucas also gained experience as a Private Equity Fall Analyst at Enhanced Healthcare Partners and an Investment Banking Summer Analyst at Vermilion Rock Advisors. Additionally, they served as a Community Member at BLK Capital Management, Corp and an Analyst at BlackGen Capital. Lucas was involved in leadership programs at Trojan Investing Society and was an SEO Edge Fellow at SEO (Sponsors for Educational Opportunity). Lucas also participated in the Global Leadership Program at the University of Southern California - Marshall School of Business, which included coursework, networking opportunities, and international visits. Lucas'sexperiences demonstrate their interest and involvement in the finance and business sectors.
Lucas Richard's education history includes obtaining a Bachelor of Business Administration (BBA) degree from the University of Southern California, with a focus on Business. Prior to that, Lucas attended Belen Jesuit Preparatory School and earned a High School Diploma in the field of High School/Secondary Diplomas and Certificates. No specific start or end dates are provided for either educational experience.
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BLK Capital Management, Corp
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♣ BLK Capital Management, LLC is a 100% black owned and student run hedge fund that focuses on educating our members by exposing them to the field of active investment management. We are a long/short equity fund that employs our capital across the globe delivering absolute returns seeking to outperform industry standards. ♣ BLK Capital actively recruits and selects intelligent and motivated students from the Ivy League, MIT, and Stanford to craft a small team of elite investors. As a prerequisite for selection, each member must go through a three-round, case-study interview process that highlights their passion for knowledge and ability to display leadership capabilities. ♣ On the long side, we teach and believe in a bottom-up, fundamental analysis value philosophy. We seek to gain a competitive advantage through focusing on small cap companies with less analyst coverage and more opportunities for deep mispricing with a significant margin of safety. ♣ On the short side, we look to take a contrarian position and look for companies that meet several of our specific requirements: - Significant exposure to technological obsolescence - High amounts of debt and risk of default - Hard catalyst that will occur within 12 months of our initial investment - Accounting fraud or significant deception in accounting techniques With these disciplines, we hope to find investments with a favorable risk/reward profile so that we may preserve our capital and diversify our portfolio. Our short positions never make up more than 1-2% of our portfolio and no position makes up more than 7-8% of the fund. Our members are divided into industry sectors and become experts through focusing on industry trends and the underlying business models within their sector.