Pentwater Capital Management provides discretionary investment management services to private investment funds and separately managed accounts. Pentwater focuses on event-driven strategies, seeking to capitalize on events that move equity prices, credit spreads, or implied volatility spreads. The firm invests in various securities and instruments, both domestically and internationally, including those of companies in financial distress. Pentwater's investment advice is tailored to the investment objectives of each fund or separately managed account.
Fee Structure
Pentwater Capital Management manages investments for private investment funds and separately managed accounts. The fees for private funds are determined by the fund's offering documents and can range from 0.0% to 2% annually, based on the value of the assets managed. These fees cover investment advisory and administrative services. Pentwater may also receive a performance allocation or fee of up to 20% of the new net profits earned by investors in the fund. Fees for separately managed accounts are negotiated with each client and may include a management fee, a performance fee, or a combination of both.