FJ Capital Management is a registered investment advisor that manages six private funds and six separately managed accounts. FJ Capital focuses on investments in the financial services industry, particularly community banks and thrifts. The firm's investment strategy involves identifying and managing investment opportunities to achieve clients' investment objectives. FJ Capital has discretionary authority over investment decisions, following investment objectives and guidelines set forth in client agreements.
Fee Structure
FJ Capital charges a management fee and a performance-based fee for investment management services.
The typical management fee for the Funds is 1.5% annually, calculated on the monthly net asset value. For separately managed accounts, the typical management fee ranges from 1.0% to 1.5% per year.
FJ Capital also charges a performance-based fee, typically 20% of new net profits, calculated annually, subject to a high-water mark. For separately managed accounts, the performance-based fee typically ranges from 17.5% to 20%.
Fees are negotiable and may be reduced based on substantial capital commitments.