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Leonid Capital
Leonid Capital is an SEC-registered investment adviser in Huntington Beach, CA, registered since 2025. The firm manages $363 million in regulatory assets.
Leonid Capital
Leonid Capital is an SEC-registered investment adviser in Huntington Beach, CA, registered since 2025. The firm manages $363 million in regulatory assets. It has 20 employees and 16 investment advisers.
General information
Firm type
Asset Manager
Year founded
2019
Location
Region
North America
Country
United States
City
Huntington Beach
Corporate office
16400 Pacific Coast Highway, Suite 211, Huntington Beach, CA 92649, United States
Additional offices
Washington, D.C., United States
Principals
James Parker
Co-Founding Partner
Chris Lay
Co-Founding Partner
Monroe Weng
Chief Financial Officer and Chief Compliance Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Leonid Capital?
Co-founding Partners James Parker and Chris Lay lead investment strategy. Parker, a former engineer on TS/SCI-cleared DoD programs, oversees fundraising and portfolio management, while Lay brings operational experience from the U.S. Navy and BlackRock. Monroe Weng serves as CFO and CCO, managing financial and compliance functions (per firm website).
How does Leonid Capital source proprietary deal flow?
The firm sources deals through its network of retired military officers on its advisory board — including General Michael Barbero and Vice Admiral Mat Winter — and via partnerships like its strategic alliance with The Outpost, a defense-tech coworking and venture platform (per firm website, 2025). It also cultivates relationships with prime defense contractors and government agencies.
Does Leonid Capital participate in fund commitments or only direct deals?
Leonid operates primarily through direct lending: term loans, revolving lines of credit, and acquisition financing to individual companies. It deploys capital through multiple funds and SPVs, suggesting a fund structure for limited partners, but does not appear to commit as a limited partner to external funds (per firm website).
What investment stages does Leonid Capital typically target?
Leonid targets companies at any stage that hold U.S. government contracts — from startups with a single award to established prime contractors needing acquisition financing. Its portfolio includes early-stage firms like Octaris Technologies alongside more mature manufacturers like T.J. Clark International (per firm website).
Which sectors does Leonid Capital explicitly avoid?
The firm explicitly focuses only on aerospace, defense, and government innovation. It avoids sectors without direct national security or federal contracting exposure, such as consumer, healthcare services (outside biodefense), and commercial real estate (per firm website).
How is Leonid Capital related to its sister entities?
Leonid runs three affiliated organizations: Beachhead Ventures and Double Guns Capital, which appear to be investment vehicles with a similar national security bent, and the Leonid Sentinel Foundation, a 501(c)(3) that donates 50% of Leonid's profits to veteran and military family charities. The entities share leadership but operate separately (per firm website).
Where does the underlying wealth come from?
Leonid Capital does not publicly disclose its source of capital. The firm presents itself as a private investment firm raising institutional and accredited investor capital for its funds and SPVs. Its website highlights an investor portal but provides no detail on individual wealth behind the firm (per firm website).
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