Playfair Capital makes about six investments a year, focusing on overlooked sectors—like backing a company that applies collision-avoidance technology to ships instead of another self-driving car startup—and it runs on a single LP, its own founder, so it spends less time fundraising and more time working directly with founders. The fund also stands out for publishing its actual term sheet, reviewing every application it receives within five days, hiring investors through structured tests rather than referrals, and offering concrete founder support like a monthly wellness stipend and dedicated follow-on funding.