Shepherd Kaplan Krochuk LLC (SKK) offers investment advice to clients, including high net-worth individuals and institutions. SKK manages assets for private investment funds, pension plans, and other institutions. SKK provides investment advice concerning investments that may be of interest to investors who expect to receive proceeds of a sale of interests in a Qualified Small Business, and wish to invest in one or more successive Qualified Small Businesses, with the objective of facilitating certain tax benefits pursuant to 26 U.S.C. § 1202, et seq. SKK typically provides investment advisory services to its wealth management clients on a non-discretionary basis.
Fee Structure
SKK provides asset management services to private investment funds and other institutions. Fees for private investment funds vary depending on the fund's objectives and strategies, and are detailed in the fund's offering materials. Compensation typically includes a fixed percentage fee and/or a performance-based incentive allocation. Fees may be waived or reduced for certain investors, such as members, principals, employees, or affiliates of SKK. The Registered Investment Company (RIC) pays SKK a management fee of 0.65% annually of the RIC’s net managed assets. This fee is generally waived or rebated for SKK's wealth management client investors.