Ancient Art, L.P. is the sole investment advisor to Teton Capital Partners, L.P., a private pooled fund investing primarily in long/short equity. Investment decisions are based primarily on fundamental bottoms-up research. All investment services provided by Ancient Art are for the benefit of Teton. Ancient Art has full investment discretion over Teton’s investments.
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.50% |
Management fee is 1.5% per year, calculated and payable quarterly in advance. Certain Limited Partners of Teton are subject to lower management fees.