Morgens, Waterfall, Vintiadis & Company (MWV) manages investments for pooled investment vehicles, including the Partnership, the Offshore Fund, the Intermediate Fund, and the Master Fund. MWV specializes in equity investments, focusing on thematic investing, long-short strategies, special situations, and event-driven securities. MWV's investment decisions are based on each client's investment objectives and guidelines.
Fee Structure
MWV manages investments for pooled investment vehicles and does not directly manage investments for individual investors. The Partnership pays MWV a quarterly management fee equal to 0.375% (1.5% annualized) or 0.25% (1.0% annualized) of the month-end asset value of each partner's capital account, depending on when the partner was admitted. The Offshore Fund pays MWV a quarterly management fee equal to 0.375% (1.5% annualized) of the average net asset value of each series of shares during such quarter.