Lizard Investors LLC
● SEC registered since 2008CRD 147284SEC# 801-69277Chicago, IL
Ranks #4,915 of 5,974 private fund managers by regulatory AUM.
Reg. AUM
$232.8M
Fund GAV
$21.8M
Private funds
1
Employees
2
Accounts
6
Location
Chicago, IL
About Lizard Investors
Lizard Investors specializes in international small-cap and emerging market equity strategies built on a proprietary research platform. It uses systematic coverage of a large company universe and quality-focused conviction, and has been employee owned since 2023.
Summary based on the firm’s website.
Lizard Investors LLC assets under management
Lizard Investors LLC is an SEC-registered investment adviser based in Chicago, IL. The firm has been registered since 2008. It reports $232.8 million in regulatory assets under management and employs 2 people. Lizard Investors LLC manages 1 private fund with combined gross assets of $21.8 million, including Lizard International Master Fund L.P. By regulatory assets, it ranks 4,915 of 5,974 private fund managers.
Lizard Investors LLC private funds
1 funds · $21.8M GAV| Fund | Type | Gross assets | Min. |
|---|---|---|---|
| Lizard International Master Fund L.P. | Hedge | $21.8M | $1M |
Lizard Investors LLC owners & executives
7 reported| Name | Title | Ownership | Since |
|---|---|---|---|
| Jonathan Douglas Moog Control | Chief Investment Officer And Portfolio Manager | Over 75% | 2017 |
| Leah Joy Zell | Trustee Of Leah's Trust | Under 5% | 1953 |
| Leah Joy Zell | Trustee Of Ljz Revocable Trust | Under 5% | 1995 |
| Leah's Trust | Member | Under 5% | 2020 |
| Ljz Revocable Trust | Member | Under 5% | 2007 |
| Randy James Heinig | Chief Compliance Officer | Under 5% | 2026 |
| Thomas Edward King Control | Outsourced Chief Financial Officer | Under 5% | 2022 |
Frequently asked questions
How much does Lizard Investors LLC manage?
Lizard Investors LLC reports $232.8 million in regulatory assets under management on its Form ADV.
How many private funds does Lizard Investors LLC manage?
Lizard Investors LLC manages 1 private funds with combined gross assets of $21.8 million.
How many employees does Lizard Investors LLC have?
Lizard Investors LLC reports 2 employees.
Where is Lizard Investors LLC located?
Lizard Investors LLC is based in Chicago, IL and has been SEC-registered since 2008.
Does Lizard Investors LLC disclose fund performance?
Lizard Investors LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.
Contact & registration

| Address | 110 North Wacker Drive, Suite 2500, Chicago, IL 60606 |
| Phone | (312) 803-7311 |
| Office hours | 8:00 a.m. To 5:00 p.m. |
| SEC region | Chicago Regional Office (CHRO) |
| Umbrella registration | Yes |
| Discloses disciplinary history | No |
Regulatory AUM
$232.8M▼ 13%
Jan '25Form ADV, monthlySep '26
How this firm compares
Regulatory AUMTop 70%
Larger than 30% of 16,369 advisers
AUM vs fund managersTop 82%
Larger than 18% of 5,974 private-fund managers
Number of fundsTop 77%
More funds than 23% of fund managers
EmployeesTop 86%
More than 14% of 16,804 advisers
Assets under management
$232.8Mregulatory AUM
Discretionary $232.8M
Service providers
Auditor
Prime broker
Custodian
Administrator