Lyell Wealth Management

Kurt Hoefer serves as Managing Partner and Chief Investment Officer, leading the firm's investment strategy and venture capital diligence efforts. He oversees the team responsible for sourcing fund commitments and co-investment opportunities across venture, growth, and other private market strategies. The flat organizational structure typical of multi-family offices means Hoefer is directly involved in manager selection and portfolio construction decisions.

Lyell pursues a hybrid approach that includes both fund commitments and direct co-investments. The firm commits capital to venture capital funds across seed through growth stages, and supplements those commitments by co-investing directly into specific portfolio companies when GPs offer allocation. This dual strategy allows client families to gain broad venture exposure through diversified funds while concentrating additional capital into the most promising individual opportunities.

Lyell primarily serves families whose wealth originated in the technology sector — founders, early employees, and executives of Silicon Valley companies who experienced liquidity events. The firm's client base skews toward concentrated wealth tied to a single company or sector, which creates specific financial planning challenges around diversification, tax management, and concentrated stock positions. Lyell's venture investment offerings are designed to align with the interests and expertise of these technology-native families.