Pinnacle Asset Management provides investment management services to private investment funds, both in the U.S. and offshore. These funds invest in other underlying funds, investment entities, holding companies that own commodity merchant businesses, and managed accounts run by third-party portfolio managers. Pinnacle makes investment decisions for the funds on a discretionary basis, following the objectives and policies outlined in each fund's documents. Pinnacle may also receive compensation from the underlying portfolio managers for advisory and consulting services.
Fee Structure
Pinnacle receives management fees from the funds it manages, calculated as a percentage of the value of an investor's investment. These fees can range up to 2% per year and may be deducted monthly or quarterly, either in advance or after the fact, depending on the specific fund and the investor's initial investment. Pinnacle has the flexibility to adjust or waive these fees for certain investors. In addition to Pinnacle's fees, the underlying portfolio managers also charge their own management fees. Pinnacle's fees do not cover the expenses of running the funds or the costs of service providers like administrators, attorneys, and auditors.