Acorn Advisory Capital manages private investment funds using a multi-manager, multi-strategy approach. The firm allocates assets to various portfolio managers, both affiliated and unaffiliated, who employ strategies like hedged equity, long/short equity, and event-driven investing. Acorn also provides investment advisory services to certain client accounts, including those for the benefit of Delphi, using similar strategies. The firm's investment decisions are tailored to each client's objectives and guidelines.
Fee Structure
Acorn Advisory Capital manages investments for private funds. The firm charges a management fee of 1.35% annually on offered classes of interests/shares. Certain investors in the Build Funds are charged a 1.5% management fee annually, with no incentive fee. Certain affiliates of Acorn pay fees on their investments in the Build Funds at an annualized Management Fee Rate of 0.055%. The Build Funds are also subject to a 15% incentive allocation/fee which is subject to a high water mark/loss carryforward. The Investment Adviser charges BPC a management fee of .50% annually. The Investment Adviser charges Acorn EUR a management fee of .55% annually. The Investment Adviser charges fees for the Other Accounts in varying amounts from .2% to .5% of Other Accounts’ total assets and an incentive fee between 0% and 15%.