Jacobs Asset Management (JAM) provides investment management services to private investment funds, including a hedge fund and a private equity fund. JAM does not provide investment advice directly to investors in the funds. JAM's investment strategy focuses on equity securities believed to be undervalued, primarily in the financial services sector. The firm may sell stocks short and use other instruments to manage market risk.
Fee Structure
Jacobs Asset Management manages a hedge fund and charges a management fee of 1.0% or 1.5% of each investor's capital, depending on the class of interest. This fee may be waived or modified for certain investors at JAM's discretion. JAM also manages a private equity fund but does not receive a management fee for it. Investors in the hedge fund are also subject to an incentive fee equal to 20% of the fund’s net profits.