Columbia Capital provides investment advisory and management services exclusively to private investment funds for sophisticated investors. Columbia Capital focuses on the Communications and Technology sector, targeting Mobility, Enterprise Technology, and Digital Infrastructure. The firm identifies and evaluates investment opportunities, negotiates terms, manages investments, and achieves dispositions. Investors participate in the overall investment program but may be excused from particular investments. Columbia Capital may also provide co-investment opportunities to certain investors or other persons.
Fee Structure
Columbia Capital manages private investment funds and receives a management fee from each fund as compensation. The management fee is typically paid quarterly in advance. During the investment period, the fee is generally 1-2% annually of aggregate capital commitments. After the investment period, the fee is generally 1-2% of the remaining fee base or assets under management. The management fee is typically reduced by the fund's share of certain fees received from portfolio companies. Columbia Capital also receives carried interest equal to 10-25% of all realized profits, subject to investors first achieving a preferred return of 8% for certain funds.