Masters Capital Management provides investment advice to pooled investment vehicles (the Funds) intended for sophisticated and institutional investors. The firm does not tailor advisory services to the individual needs of investors in the Funds, and investors may not impose restrictions on investing in certain securities or certain types of securities.
Fee Structure
Masters Capital Management manages investments for pooled investment vehicles (the Funds). The Funds pay the Adviser investment management fees each quarter in advance in amounts ranging from 1.0% to 2.0% per year based on the value of the net assets of the respective Fund on the first day of the quarter. The Adviser may waive or reduce the Management Fees and/or performance-based compensation for certain Investors of certain Funds. The Adviser will also be paid or allocated performance-based compensation, which is compensation that is based on a share of capital gains on or capital appreciation of the assets of a Fund. The compensation rate ranges from 0% to 30% depending on the extent to which the performance of the assets exceeds the SOFR return and is subject to a loss carryforward provision.