Dorchester Capital Advisors manages various investment funds, including private equity and credit secondaries funds. They are responsible for implementing each fund's investment objectives and strategies. Dorchester's services are tailored to the specific objectives of each fund and not to the individual needs of investors in those funds. The firm's investment approach involves analyzing potential investments and assessing the quality of underlying managers.
Fee Structure
Dorchester Capital Advisors manages investment funds and charges management fees. The fees vary depending on the fund and the size and timing of investor capital commitments.
For Fund V, the management fee during the investment period is 0.25% of the limited partners' capital commitment per quarter. After the investment period, the fee is 0.1875% of the limited partner's capital account balance per quarter, decreasing to 0.125% after the fifth anniversary of the January 1, 2020 closing.
Fund VI offers different management fee terms based on the size and timing of capital commitments. During the investment period, there's a quarterly fee of 0.125% based on unfunded capital commitments and a quarterly fee of 0.25%, 0.3125%, or 0.375% (depending on commitment details) based on the net asset value of the capital account. After the investment period, the fee is 0.3125% of the net asset value per quarter, decreasing to 0.125% after the fifth anniversary of the final close.