Napier Park Global Capital (US) LP manages investments for private investment companies like hedge funds, private equity funds, and infrastructure funds, as well as institutional investors, pension plans, government entities, and high net worth individuals. Napier Park offers both discretionary and non-discretionary investment management services. The firm specializes in fixed income and equity products, including European and U.S. loans, municipal bond arbitrage, corporate credit, mortgage-backed and asset-backed securities, structured credit, and distressed debt.
Fee Structure
Napier Park manages investments for various funds and managed accounts. The fees for these services are based on a percentage of the assets managed or on the investment's performance. The management fees typically range from 0.5% to 2.0% annually for asset-based fees. Additionally, there may be an incentive fee or allocation of 10% to 20% of the profits, usually above a certain hurdle amount. The specific fees are detailed in the offering materials for each fund or in the investment advisory agreement for managed accounts.