Homecoming Week 2023 is right around the corner, and we’re ready to celebrate wit
Alumnus Kyle “Skip” Boudreaux is turning his love of investing into a venture capital firm right here in Acadiana. Boudreaux ’09 ’11 is the director of Acadian Capital Ventures — Lafayette’s first venture capital firm that focuses on locations and businesses that might usually be overlooked by conventional funding.
Boudreaux has a wide range of financial endeavors. Under his work umbrella, he is also the owner of Acadian Capital Research and director of the Acadiana Angels. Throughout his career, Boudreaux has helped dozens of entrepreneurs grow and develop their businesses through his investments and expertise. As a proud two-time graduate of UL Lafayette, he’s extremely grateful for the skills he learned at the University that helped him kickstart his career.
Originally from Lafayette, Boudreaux decided to study electrical and computer engineering. “I always had an interest in computers,” Boudreaux said. He focused heavily on his studies as a student and was involved with organizations, such as the Student Government Association and Pi Kappa Alpha Fraternity.
After graduating, Boudreaux began working as a software developer for local cloth diaper company FuzziBunz Diapers. By this time, he knew he wanted to pivot his career away from engineering. So, he enrolled in the MBA program at UL Lafayette to dive deeper into the business space. Once he began the program, he took on more responsibilities within FuzziBunz and eventually ended up in an executive role. “I just jumped right in,” Boudreaux said.
Shortly after this, FuzziBunz was acquired by outside investors. Boudreaux got first-hand experience on what it was like working with investors, completing due diligence documentation, and all of the details that come with this process. After this experience, he realized that he finally found his niche — investing. “I got bit by the investing bug,” Boudreaux said.
Each of Boudreaux’s subsequent career moves taught him the skills and lessons he needed to start Acadian Capital Ventures in 2019. Since its inception, the firm has invested in companies that span many different sectors.
Boudreaux prides himself on offering businesses that want to work with Acadian Capital Ventures more than just financial support. “A big part of our due diligence process is that we connect the company with someone in our network that may be a potential customer,” Boudreaux said. By offering his clients mentorship and strategy resources, he can help them develop into flourishing businesses. “It’s great to be a part of people’s stories,” Boudreaux said.
The future of Acadian Capital Ventures is bright, and Boudreaux has big plans to keep growing in his hometown of Lafayette. He would love to see a financial hub develop in Acadiana that would serve the community. “The goal is to build a large, diversified alternative asset management firm,” Boudreaux said. This hub would also give UL Lafayette students a place to hone in on their finance and investing skills without having to leave the state.
The possibilities are endless for Boudreaux as he continues his career in investing and finance. With his tenacity and work ethic, the sky’s the limit for Acadian Capital Ventures.
Photo Caption: Professional headshot of Kyle "Skip" Boudreaux '09 '11, director of Acadian Capital Ventures. Submitted Photo