QVT Financial LP provides administrative and investment management services to Private Funds, including U.S. and non-U.S. limited partnerships and corporations, based on their investment objectives. The firm's investment strategies are speculative and entail substantial risks, including the risk of significant capital loss. The firm does not participate in wrap fee programs.
Fee Structure
QVT Financial LP provides investment management services to Private Funds. Investors in the Family Office Funds are charged a monthly management fee, in arrears, typically at a rate of 1.75% per year based on the net asset value of the assets under management. Investors in the Special Liquidity Vehicles who participated prior to March 1, 2012, generally do not bear any management fee after February 28, 2014, unless specifically agreed. Those who acquired shares through third-party transfer are charged a monthly management fee, in arrears, typically at a rate of 2% per year, or 1.5% per year for limited partners of QVT Series Holdings. Investors in the Roiv Funds and the Fourth Avenue Funds are not charged any management fee, unless specifically agreed. Clients structured as hedge funds may also be charged an annual incentive allocation/fee depending upon the investment mandate.