Over $60m of Second Bite Liquidity
Chad Scripps started Black Lake Capital in 2013 after stints at McKinsey, HIG, and several hedge funds. Based in Denver, Black Lake closes just 1-2 acquisitions per year despite reviewing thousands of opportunities. The firm calls itself tech-enabled, but Chad admits that’s a loose moniker: “If you’ve got email, we’ll call you tech enabled.”
More recent episodes
Engineering 40% Carry
MIT grad Nick Haschka shares how he structured above-market carry—up to 80%—by creatively aligning sponsor and investor incentives in private equity deals.
$100m Deployed in 2+ Years — Thanks to Industry Focus
Ben Hughes of Blue Ridge Construction Capital shares how deep specialization in building products led to 4 platforms and $100M deployed in under 3 years.
"I Care More About Moats Than Multiples"
Jory Caulkins of Enduring Companies shares how trust, moats, and downside protection drive his investment decisions as an independent sponsor.