Ulysses Management provides investment management services to private investment funds and a separately managed account. The firm manages two funds: one that invests in hedge funds and marketable securities, and another that invests in illiquid investments. Ulysses tailors its services to the objectives of each client, with limitations and restrictions set forth in the investment management agreement.
Ulysses Management manages a separately managed account and charges a management fee based on a percentage of the assets being managed. The specific fee schedule is negotiated on an account-by-account basis.