Cross Creek Advisors manages investments for various private funds, including venture capital funds and funds of funds. Cross Creek identifies investment opportunities, conducts due diligence, and monitors investments. The firm's clients are the funds themselves, not the individual investors in those funds. Cross Creek does not tailor its advisory services to the individual needs of investors in the funds.
Fee Structure
Cross Creek Advisors manages investments for private funds. Investors in these funds may pay both a management fee to Cross Creek and a performance-based fee to the General Partners of the funds. When a fund invests in an underlying fund, the investor can effectively pay two levels of advisory fees. The specific fees vary by fund and are detailed in the fund's governing documents.