Avenue Capital Group is a global alternative investment firm that manages private investment funds. They focus on specialty lending, opportunistic credit, and special situations investments in the United States, Europe, and Asia. Avenue Capital Group provides discretionary investment advice to these funds. They pursue a theme-driven, concentrated investment strategy based on research and analysis.
Fee Structure
Avenue Capital Group primarily advises private investment funds and may advise separately managed accounts. The fees for these services include management fees and incentive allocations or carried interest, depending on the fund's investment strategy. Management fees are calculated as a percentage of the fund's asset value or aggregate commitments and are generally paid monthly, quarterly, or semi-annually in advance. Incentive allocations or carried interest are calculated as a percentage of the fund's profits. Management fees, incentive allocations, and carried interest rates may be negotiable.