The Palisades Group (TPG) and Palisades Advisory Services (PAS) provide investment management and advisory services, focusing on residential mortgage loans and real estate-related assets. They work with privately offered pooled investment vehicles, insurance companies, and other institutional clients. Services include sourcing, valuation, analytical services, and portfolio and risk management strategies. TPG and PAS were acquired by subsidiaries of Chimera Investment Corporation in December 2024.
Fee Structure
Palisades does not maintain a standard fee schedule. Fees are negotiable and can vary based on the services provided and the size of the account.
For the Discretionary Funds, investors may be charged a base management fee based on contributed capital used to purchase investments. Investors’ interest in the Discretionary Funds may also be subject to performance-based compensation.
Non-Discretionary Clients typically pay a monthly base management fee based on either (i) unpaid principal balance of the mortgage loans or (ii) amortized cost basis of the mortgage loans. Certain Non-Discretionary Clients also pay incentive fees if mortgage loans are resolved through a short payoff, note sale, repurchase, or other types of loss mitigation outcomes. For certain Non-Discretionary Client accounts, a settlement fee is payable upon achieving certain transaction settlement milestones.