Perini Capital is an investment advisor that manages money for private funds and separately managed accounts, using strategies focused on non-investment grade mortgage-backed securities and credit-driven special situations. Perini Capital also provides sub-advisory services to other investment funds. The firm's investment strategies are speculative and involve substantial risks, including the potential loss of investment.
Fee Structure
Perini Capital manages separately managed accounts (SMAs) and charges an annual management fee of 1.50% of the account's net asset value. In addition to the management fee, Perini Capital charges an incentive fee equal to 20% of the SMA's realized return less any net unrealized losses for the quarter. The management fee is paid quarterly in arrears.