Verdis Investment Management offers investment management services to privately placed pooled investment vehicles (Verdis Funds) and separately managed accounts. Still Pond Capital, a relying adviser, provides similar services to private funds (Still Pond Funds) and wealth advisory clients. The firms operate as a single investment advisory business with common control. Verdis generally uses a fund-of-funds approach, investing with third-party investment managers after a due diligence process.
Fee Structure
Verdis Investment Management's fees for private funds and separate accounts are negotiated at the time of formation and detailed in the governing documents. These fees generally include a management fee based on a percentage of the net asset value or total commitments to the fund. Some funds may also charge performance-based fees or allocations. Investors also bear a pro rata share of fees charged by the underlying investment vehicles. Wealth Advisory Clients are billed either semi-annually or quarterly in advance, as set forth in the investment management agreement.