Tricon Capital GP Inc. advises private investment funds that invest in North American housing projects. Tricon's clients are the funds themselves, not the individual investors within those funds. Tricon focuses on land development and housing projects, aiming to mitigate risk by investing in the later stages of development. The funds are focused on disposing of assets. Tricon Residential, the parent company, is a rental housing company.
Fee Structure
Tricon Capital GP Inc. does not directly manage investments for individual investors. The firm advises private funds, and investors should refer to the fund's documents for fee details. Management fees range from 1% to 2% of committed capital per year during the investment period, then are calculated on outstanding invested capital. Performance fees are earned if the funds achieve certain investment returns.