Solas Capital Management provides investment advice to private investment funds and a sleeve of a pooled investment vehicle. Solas focuses on fundamental value with both long and short strategies, aiming for absolute returns and capital preservation regardless of market conditions. They use primary research and bottom-up analysis to identify companies that will outperform or underperform. Solas may also provide anonymized investment research and position sizing to a third-party investment manager.
Fee Structure
Solas Capital Management manages investments for pooled investment vehicles. The fees are negotiable and typically include a management fee based on a percentage of the assets and a performance-based fee. The management fee is paid quarterly in advance, and the performance-based fee is a percentage of the appreciation above a high-water mark. The specific fees and expenses are detailed in each client's investment advisory agreement.