Mehle Capital Fund I, LP  ·  Corona del Mar, California

Institutional Equity Alpha.
Digital Reserve
Architecture.

A concentrated public equity fund built on two decades of institutional experience — powered by an active derivatives income overlay and a Bitcoin commodity treasury engineered for the modern capital environment.

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20+
Years Institutional Experience
18
Month Lock-Up Period
10%
Hard Hurdle Rate
$100K
Minimum Commitment
Concentrated Equity◆ Derivatives Income Overlay◆ Bitcoin Commodity Treasury◆ Asymmetric Returns◆ Institutional Discipline◆ High Conviction◆ Long-Duration Capital◆ Inflation-Resistant Architecture◆ Qualified Investors Only◆ Concentrated Equity◆ Derivatives Income Overlay◆ Bitcoin Commodity Treasury◆ Asymmetric Returns◆ Institutional Discipline◆ High Conviction◆ Long-Duration Capital◆ Inflation-Resistant Architecture◆ Qualified Investors Only◆

Founder & CIO

Disciplined Capital.
Asymmetric Outcomes.

Chad Mehle

Chad Mehle

Founder, CIO & CCO

Chad Mehle is the Founder, Chief Investment Officer, and Chief Compliance Officer of Mehle Capital LLC — a registered investment advisory firm managing Mehle Capital Fund I, LP from Corona del Mar, California.

Prior to founding Mehle Capital, Chad spent nearly two decades advising high-net-worth individuals, family offices, and institutional clients at J.P. Morgan Private Bank, Merrill Lynch, and Morgan Stanley — developing the fundamental research discipline and risk management rigor that now defines the Fund's approach.

His investment philosophy centers on owning a concentrated portfolio of dominant, high-quality businesses at meaningful size — paired with a deliberate Bitcoin commodity treasury that preserves and compounds the real purchasing power of committed capital over the full investment horizon.

Chad holds FINRA Series 7, 63, and 65 licenses (CRD #341846) and structures the Fund with institutional-grade compliance, custody, and governance at every level.

Institutional Pedigree

  • J.P. Morgan Private Bank
  • Merrill Lynch
  • Morgan Stanley

Licenses & Registrations

  • FINRA Series 7 — General Securities Representative
  • FINRA Series 63 — Uniform Securities Agent
  • FINRA Series 65 — Investment Adviser Representative
  • CRD #341846 — IAPD / FINRA BrokerCheck

Fund Entity

  • Mehle Capital LLC — Registered Investment Adviser
  • Mehle Capital Fund I, LP — Delaware LP
  • General Partner: Mehle Capital LLC
  • Prime Broker: Clear Street LLC
  • Digital Asset Custodian: Coinbase Prime
  • Fund Administrator: Repool

Investment Strategy

A Three-Engine
Portfolio Architecture.

Most funds park excess capital in cash or short-duration bonds — instruments that lose purchasing power every year. Mehle Capital deploys a three-engine architecture: concentrated equity alpha, an actively managed derivatives overlay that generates portfolio income, and a Bitcoin commodity treasury funded systematically from that income — compounding the real value of committed capital across the full investment horizon.

01

Engine One

Concentrated
Public Equity

A select portfolio of high-conviction equity positions in dominant, market-leading businesses — identified through rigorous fundamental analysis, validated by technical structure, and sized in proportion to conviction. We own fewer things with greater depth, not more things with less understanding. Patience, discipline, and asymmetric positioning at the intersection of quality and value.

02

Engine Two

Yield & Volatility
Framework

An actively managed options overlay — covered calls, cash-secured puts, and tactical hedging — designed to generate consistent portfolio income, improve capital efficiency, and manage downside exposure. The framework harvests the volatility premium embedded in the market's fear, converting that income into systematic, recurring capital deployed toward the Fund's Bitcoin commodity treasury reserve.

03

Engine Three

Bitcoin
Commodity Treasury

A deliberate, long-duration allocation to Bitcoin funded exclusively from Engine Two income — never from investor capital. Held as a monetary reserve, not a trade. Bitcoin's fixed supply, zero counterparty risk, and global liquidity make it the most defensible store of value in the modern capital structure. Custodied institutionally at Coinbase Prime. Never sold opportunistically.

I.

Portfolio Construction

Capital is allocated intentionally across a limited number of positions. Sizing is driven by conviction, liquidity, and risk-adjusted return — not benchmark proximity. We are not closet indexers.

II.

Derivatives Overlay

Covered calls, cash-secured puts, and tactical hedges are deployed to generate consistent income, reduce cost basis, and manage downside exposure. The income generated funds the Bitcoin commodity treasury — yield works twice.

III.

Risk Architecture

Risk management is the foundation, not a feature. Exposures are monitored continuously. The 18-month lock-up eliminates the greatest risk in active management: forced selling at the wrong moment.

Bitcoin Commodity Treasury

The Monetary Case
For Digital Reserve.

"Every dollar held in cash loses purchasing power. We chose a different reserve strategy — one that appreciates as fiat is debased."

△

Fixed Supply Architecture

Bitcoin's supply is mathematically capped at 21 million coins — enforced by code, not central bank mandate. No government or institution can expand it. Absolute scarcity is the defining asset characteristic of our era.

△

Zero Counterparty Risk

Unlike bonds, deposits, or structured notes, Bitcoin carries no obligor. Settlement is final and irreversible — the cleanest balance sheet asset available to an institutional allocator today.

△

Global, 24/7 Liquidity

Bitcoin trades on every major exchange in every time zone, around the clock. It is the most liquid non-sovereign store of value in history — more accessible than gold, real estate, or private credit.

△

Immune to Forced Sale

Our 18-month lock-up, management fee income, and zero Bitcoin-denominated debt mean we are never a forced seller. We hold through volatility while others liquidate into it — that asymmetry is structural edge.

△

Institutional Adoption at Scale

Sovereign ETFs, public treasuries, university endowments, and global asset managers have established meaningful Bitcoin positions. The institutional legitimacy question has been definitively answered.

Treasury Parameters

ROLECommodity Treasury
INTENTLong-Duration Hold
CUSTODYInstitutional Grade
LEVERAGENone
SUPPLY CAP21M — Fixed
COUNTERPARTYZero

Past performance is not indicative of future results. Bitcoin is a high-risk asset. Not an offer to sell securities.

Why Mehle Capital

What Distinguishes
Our Approach.

01

Institutional Pedigree.
Founder Alignment.

Two decades at the world's most demanding financial institutions forged a discipline that cannot be simulated. Chad Mehle's personal capital is committed alongside every LP. There is no separation between the manager's incentives and yours.

02

Concentration as
Competitive Edge.

Diversification is the refuge of uncertainty. Our concentrated approach demands that every position be understood deeply, sized correctly, and held with conviction. We do not own the market — we own the best ideas we can find, at scale.

03

A Differentiated
Return Profile.

Bitcoin ETFs offer digital asset exposure with no equity alpha. Traditional long-only funds offer equity alpha with cash drag. Mehle Capital pairs institutional equity research with an active derivatives overlay that funds a Bitcoin commodity treasury — liquid, systematic, and inflation-resistant.

04

Structure Built for
Patient Capital.

The 18-month lock-up is not a constraint — it is an edge. It allows us to hold through volatility, accumulate Bitcoin during dislocations, and compound patient capital without the performance anxiety that plagues short-duration vehicles.

Fund Terms

Mehle Capital Fund I, LP
Key Parameters.

Entity Structure

Delaware LP

Mehle Capital Fund I, LP. General Partner: Mehle Capital LLC, registered investment adviser.

Minimum Investment

$100,000

Available to qualified purchasers and accredited investors under applicable securities exemptions.

Lock-Up Period

18 Months

18-month lock from each LP's individual Admission Date. Quarterly redemptions thereafter with 90-day prior written notice and a 25% NAV gate.

Management Fee

2% p.a.

Assessed monthly (1/12 of 2%) on total Fund NAV. Ensures operational independence without requiring asset liquidation.

Carried Interest

20%

20% of net profits above the 10% hard hurdle, subject to a High-Water Mark. Tracked per-LP from individual Admission Date.

Preferred Return

10% p.a.

Hard hurdle, simple (non-compounding). No carry allocated until LPs clear the full 10% preferred return from their Admission Date.

Target Launch

July 1, 2026

Initial closing targeted for July 1, 2026. Accepting subscriptions from qualified purchasers and accredited investors.

Redemptions

Quarterly

Post lock-up: quarterly redemptions on the last business day of each calendar quarter with 90-day prior written notice. 25% NAV gate applies.

Investor Relations

Ready to Explore
an Allocation?

Mehle Capital Fund I is open to qualified investors seeking institutional-grade equity management paired with a deliberate Bitcoin commodity treasury strategy. We welcome serious conversations with family offices, high-net-worth individuals, and professional investors aligned with a long-duration perspective.

Email

chad@mehlecapital.com

Phone

323.899.1066

Location

Corona del Mar, California