VIP Capital Management manages assets for Value Insight Partners, a fund of hedge funds. VIP allocates the fund's assets among a select group of investment managers for investment in their private funds. VIP focuses on smaller, less well-known managers with a long-term value creation strategy. VIP performs due diligence on prospective managers and continuously monitors their performance.
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.25% |
Fee is 1% per year, charged quarterly at 0.25% of net assets. VIP may reduce or waive the fee for individual investors. There is also a performance allocation to the general partner at the end of each fiscal year, equal to 10% of Class A and 7% of Class B investor net profits, subject to certain conditions.