Daedalus Capital, L.L.C.

Daedalus Capital, L.L.C. has less than $10 million in assets under management as of December 31, 2011.

Why are Daedalus' assets under management less than $10 million as of 12/31/11 when we started with $10 million in 1994?

• Daedalus was headquartered in St. Louis, MO from October 1, 1994 through December 31, 2011, the hometown of our founder, Stephen Messiah Coleman.  We are now a Chicago firm.
• When Mr.  Coleman founded Daedalus in 1994, he was a trail blazer, an exciting native son who was an able competitor, a solid citizen with  brilliant academic and professional credentials, the first black person to found such a firm in the former slave state of Missouri and for that he is now honored on the St. Louis Gateway Classic Foundation’s Walk of Fame.  
• In 1994, we thought we were lucky to have our clients, happy to be in the game, pricing our services at 1.00% of assets under management, just like the price charged by most of our perceived competition at that time.
• Today,  we know that Daedalus is one of the best asset managers in the USA, that we are lucky to have our clients, that we are happy to be in the asset management business and able to price our services to reflect the value that we create for our clients.
• Our clients feel lucky to have Daedalus as their asset manager because they all know, from their unique experiences, that we are the best asset manager that they ever hired!