# LS&C

LS&C is a Single Family Office.

## Overview

- **Organization type:** Single Family Office
- **Founded:** 2020
- **Assets under management:** Undisclosed
- **Website:** lsandc.com
- **LinkedIn:** https://www.linkedin.com/company/lsandc

## Regulatory record

- **Reports private funds:** No

## About

LS&C is the single family office of Lud Schroedl. It is structured for permanence rather than as a fund with a finite lifespan: the firm states that every position on its books is its own, with no limited partners, no mandates and no products to place, and that it charges no management fee and no carry. That posture differentiates it from family offices that operate as diversified allocators or fund-of-funds. The firm's own materials describe three asset classes held to one underwriting standard. Private equity is the stated core — acquiring durable, profitable companies and holding them permanently, either by taking majority control directly or by backing operators, search funds, independent sponsors, roll-ups and permanent-capital holdcos who run the same playbook under their own brand. Private credit extends that underwriting into debt for operators acquiring companies and into venture debt, while venture capital is limited to seed checks with no sector mandate and verified traction as the single fixed filter. The firm states assets under management of $100M+ across a portfolio it describes as 11 companies, and says it runs the operating core of the family office on technology and AI. The firm says it was built out of two of its own exits — two companies built and sold before the first dollar was allocated — and names no companies, acquirers or dates for them. It publishes no founding year, no office location and no headcount, and no adjacent vehicles — philanthropic foundations, real-asset arms or co-investor clubs — appear in its own materials. LS&C's structural differentiator is its explicit rejection of fund-cycle pressure. By self-identifying as permanent capital with no redemption timeline and no outside investors, the firm can hold positions through cycles that force others to sell.

## Sectors

- Private Equity
- Private Credit
- Venture Capital

## People

- Lud Schroedl — Founder and principal

## Questions

### Who runs investment decisions at LS&C?

Founder Lud Schroedl is the named principal. The firm lists no separate CIO, managing director or investment committee in its public materials, and states that it operates with no committee and invests only its own capital. That concentration is consistent with a single family office investing its own balance sheet.

### Is LS&C structured as a single family office or does it operate more like a venture firm?

LS&C describes itself as a single family office that invests only its own balance sheet, with no limited partners, no management fees, no carry and no products to place — so neither a fund nor a venture firm. Venture capital is one of three stated asset classes, alongside private credit and private equity, which the firm calls its core.

### How does LS&C source deal flow?

The firm describes two routes into a deal: acquiring majority control directly, or backing operators — search funds, independent sponsors, roll-ups and permanent-capital holdcos — who run the same playbook under their own brand. Beyond that it does not publish a formal sourcing channel.

### Does LS&C participate in fund commitments or only direct deals?

The firm states that it invests its own capital only and has no products to place, and it does not describe commitments to third-party funds. The activity it publishes is direct: outright acquisitions and operator backing, debt to operators and venture debt, and seed investments with follow-ons.

### Which sectors does LS&C target or avoid?

LS&C publishes no sector mandate and no exclusion list. It states that its seed checks carry no sector obligations and that its one fixed requirement is verified traction. Beyond describing its own operating core as technology- and AI-driven, it names no sector focus.

### Where is LS&C based?

The firm publishes no office location, and Altss records none. Any city, country or region attributed to LS&C elsewhere is not supported by the firm's own materials.

### Does LS&C maintain philanthropic structures?

No philanthropic foundation, donor-advised fund or impact-investment vehicle associated with LS&C appears in the firm's public materials.

## Related profiles

- [LSA Finance & Consulting](https://altss.com/profile/lsa-finance-consulting)
- [LS Investment Office](https://altss.com/profile/ls-investment-office)

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Last updated: 2026-07-06T00:35:27.825Z

Canonical page: https://altss.com/profile/ls-c

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