The Wicks Group of Companies III, LLC manages investments for private pooled investment vehicles, primarily serving accredited investors and qualified purchasers. Wicks focuses on generating capital appreciation through privately negotiated investments in privately owned companies within the media, communications, and business services sectors. Wicks seeks control over lower middle market companies in the information, education, and media industries.
Fee Structure
Wicks is compensated for its advisory services through a management fee based on aggregate capital commitments and a share of capital appreciation, known as carried interest. The management fee is generally 2% of committed capital per year. Wicks does not receive carried interest until clients have been reimbursed for the management fee and other expenses. The carried interest is generally 20% of the capital appreciation above an 8% preferred return on investment.