The Midway Group manages investments for private investment funds and a managed account. Midway invests primarily in mortgage-related securities, contract rights, and derivatives. The firm uses fundamental and quantitative analysis to make investment decisions. Midway's goal is long-term capital appreciation while emphasizing capital preservation. The firm does not offer wrap fee programs.
Fee Structure
Midway Group manages investments for private investment funds and a managed account. The fees for the funds are detailed in each fund's private placement memorandum. Class A shareholders generally pay 1.5% per year on the first $100 million invested and 1% per year on amounts over $100 million. Class B shareholders pay 2% per year. The managed account pays a monthly or periodic fee based on a percentage of the value of the assets managed, which is individually negotiated.