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 employ a theme-driven, concentrated investment strategy that relies on research and analysis.
Fee Structure
Avenue Capital Group manages investments for private investment funds and may manage separately managed accounts. The fees for these services include management fees and incentive allocations or carried interest, which are calculated as a percentage of the fund's profits. Management fees are generally paid monthly, quarterly, or semi-annually in advance. Incentive allocations or carried interest are calculated as a percentage of profits of the private funds. Management fees, incentive allocations and carried interest rates may be negotiable. This information is detailed in each fund’s confidential offering memorandum or prospectus.