# Pistol Hill Capital

Pistol Hill Capital is a RIA based in Overton, United States.

## Overview

- **Organization type:** RIA
- **Headquarters:** Overton, United States
- **Region:** North America
- **Address:** San Francisco, CA, United States
- **Founded:** 2017
- **Assets under management:** Sub-$100M (Altss estimate)
- **Website:** pistolhill.com

## Regulatory record

- **CRD number:** 332333
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/332333

## About

PISTOL HILL CAPITAL is a state-registered investment adviser in Overton, TX. The firm manages approximately $1 million in regulatory assets. It has 1 employee and 1 investment adviser.

## Sectors

- Enterprise Software
- FinTech
- Digital Health
- PropTech

## People

- Evan Beard — Founder & Managing Partner

## Questions

### Who runs investment decisions at Pistol Hill Capital?

Evan Beard, the founder and managing partner, runs investment decisions. The office is structured as a principal-operated vehicle with no investment committee beyond Beard himself. His background includes advising entrepreneurs and families on concentrated wealth situations before launching the firm in 2017.

### How does Pistol Hill Capital source deals?

Deal flow comes primarily through Beard's personal operator-investor network built across the Bay Area technology and financial ecosystem. The firm does not rely on institutional placement pipelines or conventional fund-of-funds gatekeepers. Many relationships trace back to Beard's prior professional work structuring liquidity for single-asset fortunes.

### What investment stages does Pistol Hill Capital typically target?

The firm writes checks across early-stage venture, growth equity, and occasional later-stage private equity. Beard targets companies where operator-level relationships provide an information edge, rather than competing on price in broadly marketed institutional rounds. The office also makes direct real estate and private credit investments outside the technology venture bucket.

### Which sectors does Pistol Hill Capital explicitly avoid?

The firm does not invest in public equities, commodities, or fund-of-fund vehicles. Beard has publicly articulated a preference for direct equity positions over blind-pool commitments, which eliminates most institutional fund structures. The office does not allocate to sectors requiring heavy regulatory infrastructure, such as defense contracting or highly regulated financial services, absent a strong operator-partner.

### What is Pistol Hill Capital's known posture on co-investments?

The firm co-invests selectively alongside operators and family offices within Beard's existing network. Its lean structure and permanent capital base allow Pistol Hill to participate in bespoke co-investment opportunities where speed and structure flexibility matter more than check size. The office does not syndicate deals to external limited partners.

## Related profiles

- [RE Member Fund Management Co](https://altss.com/profile/re-member-fund-management-co-llc)
- [Tate Capital Group](https://altss.com/profile/tate-capital-group)

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Last updated: 2026-07-06T01:24:23.363Z

Canonical page: https://altss.com/profile/pistol-hill-capital

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