Lagoda Investment Management, L.P.

Michael K. S. Lee serves as President and CIO, overseeing all investment activity. John A. Levin, the founder and principal, holds the title of Chairman & CEO. The investment committee structure and any external advisors are not publicly disclosed (per public record).

Lagoda generates deal flow through its network of relationships with asset managers like BlueMountain Capital and D.E. Shaw, as well as through direct sourcing in private credit and infrastructure. The firm's desk at 410 Park Avenue in New York is staffed by a lean team that leverages John A. Levin's decades of relationships in the hedge fund and private equity industry (per public record).

Lagoda began as a single-family office for the Levin family, but it has evolved into a hybrid structure that also manages capital for select outside investors through commingled vehicles. This gives it a foot in both the family office and multi-manager fund-of-funds world (per Bloomberg, 2023).

Lagoda does both. It allocates capital to third-party hedge funds across event-driven, global macro, and long/short equity strategies, while also executing direct co-investments in private credit, real estate, and infrastructure. The firm's multi-strategy approach blends fund commitments with proprietary direct deals (per public record).

Lagoda focuses on mature-stage private credit and infrastructure investments, along with liquid hedge fund allocations. It does not typically target early-stage venture or growth equity; its direct investments are primarily in middle-market loans and long-lived infrastructure assets (per Bloomberg, 2023).

The underlying wealth originates from John A. Levin's career as a hedge fund manager. He founded John A. Levin & Co., a value-oriented hedge fund firm, which he sold to Old Mutual Asset Management in 2001 for an undisclosed sum. The capital from that sale formed the initial base for Lagoda (per the New York Post, 2005).

Lagoda co-invests alongside external managers such as BlueMountain Capital and D.E. Shaw, typically in private credit and infrastructure deals. The firm operates as a passive LP in these co-investments, relying on the lead manager for due diligence and execution (per DealBook, 2010).