Founders Circle Capital (FCC) is a private investment management firm that advises private funds. These funds invest in private technology companies, acquiring shares from founders, management, and early investors. Occasionally, a fund may invest directly in a private company or guarantee loans to individuals owning stock in companies the fund wants to acquire. FCC tailors its services to each fund's specific needs, as outlined in the fund's governing documents.
Fee Structure
FCC manages investments for private funds and charges a management fee based on the committed capital of the fund, generally ranging from 1.0% to 2.5% per year. The management fee may be calculated using a different metric, such as the aggregate cost basis of portfolio securities held by the fund. FCC also charges an incentive fee ranging from 10% to 20% of net profits.