Kosmos Management manages investments for eight funds, focusing on generating income by investing in life settlement policies and annuities. Kosmos does not currently manage individual accounts, but may in the future. Kosmos's clients are expected to be qualified purchasers. Kosmos may receive commissions from insurance companies when annuities are purchased, which presents a conflict of interest.
Fee Structure
Kosmos manages investments for funds and may manage separate accounts in the future. Clients typically pay a management fee based on a percentage of the total capital under management or invested. Kosmos may also receive commissions from insurance companies when annuities are purchased. It is critical that fund investors refer to the relevant fund’s governing documents for a complete understanding of how Kosmos is compensated for their services and how fees are deducted from fund assets.