Soroban Capital Partners provides investment advice to private funds, which are pooled investment vehicles for sophisticated and institutional investors. Soroban's advice is based on the specific investment goals and strategies outlined in each fund's offering documents. Soroban does not customize its services for individual fund investors or accept investor-imposed restrictions.
Soroban Capital Partners is paid a quarterly fee based on the value of the funds it manages. The fee ranges from 0% to 1.5% per year, calculated in advance on the first day of each quarter. For some funds, an affiliate of Soroban may also receive annual performance-based compensation, which is a share of the fund's capital appreciation, ranging from 17% to 30%. Some funds may also have a tiered incentive fee based on outperformance against a benchmark, potentially as high as 35%. These fees may be waived or reduced in certain situations for a fund investor.