Tetragon Partners is a global private investment firm that provides investment advice to investment funds exempt from registration and separately managed accounts. Tetragon also provides management services to collateralized loan obligations (CLOs). Tetragon is the asset management platform for Tetragon Financial Group Limited.
Fee Structure
Tetragon Partners generally receives management fees and performance-based fees from its clients, which are investment vehicles and separately managed accounts. The management fees are calculated based on a percentage of the net asset value or account balance, or the aggregate amount of invested capital. Fees may vary from client to client and are subject to modification, waiver, or reduction. For CLOs managed by LCM and TCICM, fees and compensation vary depending on the particular CLO managed and typically consist of collateral management fees and an incentive collateral management fee.