Gerber/Taylor Management LLC (GT) is an investment management and advisory firm that manages investments for privately offered investment vehicles (Funds) and separate accounts. GT's clients are generally high-net-worth individuals, partnerships, trusts, foundations, endowments, corporations, and pension funds. GT primarily invests in private funds and separately managed accounts managed by third-party investment managers. GT also offers an Outsourced Chief Investment Officer solution known as the GT Model Portfolio approach, primarily using the Funds.
Fee Structure
Gerber/Taylor Management (GT) manages various Funds and Separate Accounts.
For the multi-strategy, global hedged equity, blended, emerging markets and offshore U.S. tax exempt Funds, GT receives an annual management fee of 1% of the estimated net assets, paid quarterly in advance. GT also receives an annual management fee from certain other Funds ranging from 0.30% to 0.70% of their respective estimated net assets, paid quarterly in advance. GT does not receive a management fee from a few of the Funds.
GT receives an annual management fee on the Illiquid Funds of 1% of either investor contributed capital or capital contributed to Managers, depending on the terms of the Funds’ Governing Documents. In a few Funds, a fee break is given for commitments over a certain level. In several of the Funds, GT has elected to either reduce or waive the management fee.
GT receives performance-based allocations from its multi-strategy, global hedged equity, blended and offshore U.S. tax exempt Funds in the amount of 1% of net new profits annually, subject to a high-water mark. GT receives a special allocation of 1% of the profits and losses, regardless of its capital account, from its emerging markets Fund. GT receives a 10% allocation of net profits, which is subject to a high-water mark from its biotech Fund. GT does not receive performance-based allocations from its long biased or special opportunity Funds.