Kedar Mohare

Steelhead Capital Management offers an investment management fee structure for qualified clients that consists of a 0.00% annual management fee combined with a performance-based fee.

• Management Fee — 0.00% per year on portfolio assets
• Performance Fee — 25.00% of net capital profits that exceed a 6.00% cumulative annual non-compounded hurdle rate
• Hurdle Rate — 6.00% preferred return calculated quarterly (1.50% per quarter) based on the initial principal
• High-Water Mark — A perpetual high-water mark and loss carryforward provision applies, meaning all prior losses and hurdle shortfalls must be fully recovered before any future performance-based fees are charged

Participation in this performance-based fee tier is strictly limited to qualified clients who maintain at least $1,100,000 under management with the firm or possess a verified net worth exceeding $2,200,000, excluding their primary residence.