Lavaca Capital, LLC manages two options-based hedge funds for qualified investors.
For more information, please contact us.
Providing Bespoke Options Solutions
Lavaca Capital, LLC is a specialist asset management firm located in Houston, Texas. The Lavaca team is comprised of experienced investment professionals with a deep understanding of options and volatility-based strategies. The firm specializes in delivering absolute returns and proprietary dynamic risk management through the use of US-listed equity options.
Meet our trusted and experienced team at Lavaca Captial
Scott Phillips is Lavaca Capital’s Founder and Chief Investment Officer. Mr. Phillips focuses on portfolio management while also overseeing all of the firm’s operations. Prior to founding Lavaca Capital, Mr. Phillips managed the assets of a Houston based multi-family office and has over 10 years of investment experience with a concentration in the derivative space. Mr. Phillips has prior experience working in the energy derivative accounting group of KPMG, is a licensed CPA, and holds a Bachelors and Masters degree in Accounting from The University of Texas at Austin.
Patrick Smith is a Managing Director at Lavaca Capital, LLC. Mr. Smith joined the firm in 2018. He heads up the firm’s Marketing and Operations functions. Prior to joining Lavaca Capital, Mr. Smith was employed with Raymond James as an Associate Vice President of Wealth Management, Edward Jones & Co. as a Financial Advisor and Covenant Theological Seminary as Director of Development. Mr. Smith is a graduate of the Rice University Glasscock School’s Certified Financial Planner program. He holds a Master of Divinity from Covenant Theological Seminary and a Bachelor of Business Administration in Finance from the University of Georgia.
Jacob Johnson is a Managing Director at Lavaca Capital, LLC. Mr. Johnson joined the firm in 2018 and is a Portfolio Manager. Prior to joining Lavaca Capital, LLC, Mr. Johnson served in financial commodity sales and trading roles with banks Societe Generale and Mitsubishi UFJ Financial Group. Previously, he held similar positions with BP, Reliant Energy and Shell Trading. Mr. Johnson received a M.B.A. from Rice University and a B.S. in Mechanical Engineering from the University of Texas at Austin.
Ryan Mason conducts due diligence and assists in evaluating investment ideas, monitoring existing positions, managing operations, and building financial models to gather market data for Lavaca Capital. Prior to joining Lavaca in 2021, Ryan worked as an associate for Bank of America Merrill Lynch where he was a member of the Energy Debt Products Group for nearly 3 years. Ryan graduated Cum Laude from Howard Payne University where he received a B.B.A. in Accounting with an emphasis in Finance.
Mr. Phillips lends strategic vision and insight on the overall direction of the firm based on his more than 50 years of investment experience which includes more than 45 years experience trading options and the building and sale of a large investment firm to Oppenheimer.
A differentiated approach to enhance returns and reduce risk
We specialize in working with Registered Investment Advisors and Asset Managers to provide creative, options-based solutions for their clients’ investing needs. These custom solutions allow Advisors and Asset Managers to differentiate themselves by applying thoughtful and unique options strategies to sensitive investment situations.
Enhancing portfolio income via options strategies
Protecting against market drawdowns while remaining invested
Concentrated stock position hedging
Low-cost basis equity solutions
Model portfolio hedging
Cavanal Hill Funds, a subsidiary of BOK Financial Corporation, has engaged Lavaca Capital, LLC to serve as the sub-investment advisor of their Hedged Income Fund. The fund seeks to generate current income alongside long-term capital appreciation with less volatility than the broad equity market. The fund is managed by a team of portfolio managers from both Lavaca Capital and Cavanal Hill. The equity selection of the fund is managed by Brandon Barnes and Michael Schloss at Cavanal Hill, while the options bought and sold in the fund are managed by Scott Phillips and Jacob Johnson at Lavaca. Our partnership with Cavanal Hill Funds has enabled Lavaca Capital to offer our options expertise to a broader investor base through low minimum investment requirements.
For more information, please contact Cavanal Hill.
*This is not a solicitation to buy or sell securities. Portfolios invested in similar strategies may result in different returns. Trading in options may involve a higher degree of risk than other investment strategies and are not suitable for all investors. You should therefore carefully consider whether such trading is suitable for you. Refer to the Characteristics and Risks of Standardized Options for more information, which may be found here. Lavaca Capital, LLC is not a CPA firm.