Napier Park provides investment advice to private investment companies, including hedge funds, and separately managed accounts. Napier Park focuses on European corporate credit, managing fixed income investments in European loans, bonds, and structured credit. Investors in these investment vehicles include institutional investors, funds of funds, pension plans, and state, municipal, and governmental entities.
Fee Structure
Napier Park offers investment management and advisory services for a percentage of the assets they manage or based on the investment's performance. The fees may vary based on several factors, including the overall fee arrangements, the complexity and size of the account, the amount invested, and the specific terms of the Napier Park Funds.
Management fees for managed accounts currently range from 0.45% to 1.25% per year of the assets they manage. There may also be an additional performance fee determined as a percentage of profits, ranging from 15% to 20%.