Hayman Capital Management provides investment management services to private pooled investment vehicles (Funds) and separately managed accounts. Investors in the Funds are typically institutions, funds-of-funds, family offices, and high-net-worth individuals. Hayman invests in securities influenced by macro-economic trends or event-driven situations, including currencies, distressed debt, and other equity and fixed-income securities.
Fee Structure
Hayman Capital Management provides investment management services to private pooled investment vehicles (Funds) and separately managed accounts. The fees for the Hayman Funds are as follows:
Hayman Onshore Fund and Hayman Offshore Fund:
- Share Sub-Class A-1: 1.85% annualized management fee, plus 20% incentive fee.
- Share Sub-Class A-2: 1.0% annualized management fee, plus 20% incentive fee. Minimum investment of $20,000,000.
Hong Kong Funds:
- Share Sub-Class A-1: 0.75% annualized management fee, plus an incentive fee of 15% of distributions after return of initial capital up to 100% net return on capital contributed, thereafter 20% of distributions. Minimum investment of $1MM.
- Share Sub-Class A-2: 0.50% annualized management fee, plus an incentive fee of 15% of distributions after return of initial capital up to 100% net return on capital contributed, thereafter 20% of distributions. Minimum investment of $50MM.
- Share Sub-Class A-3: 0.25% annualized management fee, plus an incentive fee of 15% of distributions after return of initial capital up to 100% net return on capital contributed, thereafter 20% of distributions. Minimum investment of $150MM.
- Share Sub-Class B: One-time 2% management fee, plus an incentive fee of 15% of distributions after return of initial capital up to 100% net return on capital contributed, thereafter 20% of distributions. Minimum investment of $100,000.
Hayman does not maintain a fee schedule for Separate Accounts. Fees and expenses applicable to each account are negotiated separately.