Abrams Capital, founded in 1999, manages investments for privately offered alternative investment funds. The firm aims to maximize long-term returns while preserving capital, using a fundamental, value-oriented approach. Abrams Capital invests across various asset types, including distressed securities, private securities, and domestic and foreign equity and debt. Investment advice is provided directly to the Funds, not to individual investors.
Fee Structure
Abrams Capital manages investments for privately offered investment funds. The fees are calculated quarterly based on the value of each investor's account.
For the Abrams Funds (excluding Great Hollow International, L.P.), the quarterly fee is 0.25% (1.0% annually). For Riva II, it's 0.1875% (0.75% annually). For Riva III, it's also 0.1875% (0.75% annually). For Riva IV, V, and VI, it's 0.25% (1.0% annually). These fees are deducted from the fund's assets. Abrams Capital also receives a performance-based profit allocation.