LGK Advisors provides investment advice to private investment funds and institutional managed accounts, focusing on illiquid assets. LGK invests in publicly and privately traded equities, debt, and other financial instruments. LGK's investment strategies are speculative and entail substantial risks, and clients should be prepared to bear a substantial loss of capital. LGK's clients typically acquire illiquid investments in side pockets, liquidating share classes, or other interests in publicly traded or privately held investment vehicles.
LGK typically charges an asset-based management fee and may earn performance-based compensation. The management fee generally ranges from 1% to 2% per year of the assets they manage, based on capital commitments or net asset value. The performance-based compensation generally ranges from 15% to 20% of the realized gains of the account.