Raffles Capital Management manages investments for a private investment fund called Raffles Associates, L.P. Raffles makes investment decisions for the fund using a value-based strategy, researching companies to find those that are undervalued. The fund may invest in various securities, including stocks, bonds, and options, both domestically and internationally. Raffles does not offer wrap fee programs and provides services to the fund based on its investment objectives, not individual investor preferences.
Fee Structure
Raffles Capital Management does not directly manage investments for individual investors. It manages a private investment fund, and investors in the fund pay a quarterly management fee of 0.25% of their net assets. The general partner of the fund also receives an annual performance-based allocation of 20% of profits exceeding a certain threshold. These fees may be waived or reduced at Raffles' discretion.