Ocean Avenue Capital Partners provides investment advisory services to private single-investor and pooled investment vehicles, and may also provide investment advisory services to institutional clients through managed account arrangements. Ocean Avenue identifies investment opportunities and participates in the acquisition, management, monitoring, and disposition of investments for each fund. Ocean Avenue primarily provides investment advisory services related to investments in private equity, special situations private funds, and private companies for direct investment.
Fee Structure
Ocean Avenue Capital Partners manages investments for funds and charges an annual management fee equal to a percentage, generally ranging from 0.55% to 1.25%, of the capital commitment of each fund investor from the initial closing of the fund through the end of the fund’s term. This management fee will generally be reduced to 90% of the prior year’s management fee beginning in year 8 of the fund’s term.