Next Legacy Partners is a venture capital firm that invests in private investment funds and separately managed accounts. Next Legacy does not tailor its advisory services to the individual needs of investors, and investors may not impose restrictions on investing in certain securities. The firm has full and exclusive management authority over all investments.
Fee Structure
Next Legacy Partners manages investments in private investment funds and separately managed accounts. They receive annual management fees from the Funds which range from 0.75%-1.50% of capital commitments or remaining capital invested. Management Fees are typically reduced during the life of a Fund. Investors may not choose to be billed directly. Management fees applicable to Investors are paid quarterly in advance. The Managed Accounts are subject to different terms and fees as such fee arrangements and terms are individually negotiated between Next Legacy and the respective Managed Account.