We’ve developed a proprietary alignment model called Absolute Alignment. We support this belief with a set of core promises:
We will always quote our base fees in dollar terms, not as a percentage of Funds Under Management (FUM). This is because we believe that base fees should be tightly linked to resourcing and cost recovery. It should not deliver a substantial profit to the fund manager.
We will always co-invest alongside our investment partners and we will do so in a “first loss” position. This is to ensure that we will remain supremely focused on downside risk potential.
We will always receive our success fees only after the assets have been sold (ie. realised, rather than on valuation).