Intermarket Corporation manages investments for private investment funds. These funds primarily invest in secured debt of businesses facing challenges, including corporate restructurings and distressed companies. Intermarket aims for long-term capital growth through undervalued securities and financial instruments, with a focus on senior secured debt.
Intermarket does not directly manage investments for individual investors. They manage private investment funds, and investors purchase interests or shares in these funds. Intermarket receives a fixed annual management fee from each fund, which varies depending on the fund and is specified in the fund's private placement memorandum. Intermarket is also entitled to receive a performance-based fee or allocation from the funds.