Resolute Global Partners (RGP) manages investments in insurance-linked instruments for The 1609 Fund Ltd., an institutional fund. RGP aims to achieve strong risk-adjusted returns by participating in the insurance and reinsurance market. RGP also owns Prospero Re Ltd. and has an equity interest in Producers National Corporation to facilitate access to the reinsurance and primary insurance markets.
Fee Structure
RGP manages investments for The 1609 Fund and deducts a monthly management fee from each investor's capital account, based on a percentage of the account's net asset value. The annual percentage varies depending on the series of shares held: Series 1, 4, 5, and O shares are charged 1.0%, Series 2 shares are charged 1.50%, and Series 3 shares are charged 2.0%. These fees are deducted regardless of the Fund's overall performance.