TR Capital Management provides investment management services for private pooled investment vehicles (Funds) and separately managed advisory accounts. The firm focuses on investments primarily in claims against bankrupt companies, known as trade claims. TR Capital Management aims to buy these claims at a discount and redeem them for a profit after the company emerges from bankruptcy or liquidates its assets. Investment advice is tailored to each advisory account's guidelines and objectives.
Fee Structure
TR Capital Management manages investments for pooled investment vehicles and separately managed accounts.
For the Funds, the firm receives a management fee, payable quarterly in advance, equal to 1% to 2% per year of the net asset value of each investor’s capital account. TR Capital Management also receives an annual performance allocation equal to 15% to 20% of each investor’s allocable share of net income.
For Advisory Accounts, TR Capital Management negotiates fees on a case-by-case basis. The firm generally receives a management fee, payable quarterly in advance, and a semi-annual performance fee between 15% and 20%.