Kevin C. Smith, CFA – Founder, CEO and CIO

Kevin Smith is the founder and chief investment officer of Crescat Capital. He has 28 years of investment management experience spanning multiple business cycles. Kevin has been the lead portfolio manager of Crescat’s four investment strategies since their respective inceptions. He is the creator of Crescat’s firmwide global macro investment process and systematic equity valuation model. Prior to founding Crescat, he worked as a wealth advisor with Kidder Peabody. He earned an MBA from the University of Chicago Booth School of Business with a specialization in finance and a concentration in statistics. He received a bachelor’s degree in economics and German studies from Stanford University. He holds the Chartered Financial Analyst designation.

Letter from the Founder

Linda Carleu Smith, CPA – Partner, Chief Operating Officer

Ms. Carleu Smith manages Crescat’s operations and client service team. She serves as point person for the firm’s external accountants, auditors, and institutional clients. As a licensed CPA, she provides counsel to Crescat’s high-net-worth clients on retirement, tax, and estate planning matters. She has worked for Crescat and its predecessors since their inception in 1998. In the past, she has also worked in both audit and tax for two public accounting firms. She was a wealth advisor at Kidder Peabody. She holds an MBA from the University of Chicago, Booth School of Business and a BA in English Language and Literature from Tufts University.

Otavio (“Tavi”) Costa – Partner and Portfolio Manager

Otavio Costa is a partner and portfolio manager at Crescat Capital and has been with the firm for six years. “Tavi” built Crescat’s macro model that identifies the current stage of the US economic cycle through a combination of 16 factors. His research has been featured in financial publications such as Bloomberg, The Wall Street Journal, CNN, Financial Post, The Globe and Mail, Real Vision, Reuters. Tavi is a native of São Paulo, Brazil and is fluent in Portuguese, Spanish, and English. Before joining Crescat, he worked with the underwriting of financial products and in international business at Braservice, a large logistics company in Brazil. Tavi graduated cum laude from Lindenwood University in St. Louis with a B.A. degree in Business Administration with an emphasis in finance and a minor in Spanish. Tavi played NCAA Division 1 tennis for Liberty University.

Kevin Ludolph – Trader/Systems Manager

Kevin Ludolph is responsible for firm operations, IT, and client service functions including trade staging, execution, and settlement, maintaining fund track records, preparing month and quarter-end reports as well as monitoring our network and internal systems. He graduated from the University of Colorado, Leeds School of Business earning a Bachelor of Science in Business Administration with an emphasis in Finance. During his time at the University of Colorado, Kevin developed strong analytical and critical thinking skills as well as programming knowledge in multiple languages.

Trevor Smith – Financial Analyst Intern

Trevor Smith is an engineering student at the University of Colorado Boulder studying applied mathematics and economics. At Crescat, he is working to help refine Crescat’s fundamental equity and macro models by creating algorithms and acting as an intermediary with Crescat’s software developers. He further assists with trading, research, and operations. Trevor is an award-winning classical and jazz pianist who has performed internationally.