Thackeray Partners specializes in providing advice for real estate investments. Thackeray serves as an investment advisor to certain pooled investment vehicles investing in real estate. Thackeray does not tailor its advisory services, investment objectives, or strategies for individual fund investors. The clients of Thackeray are the Funds and not the underlying investors in the Funds.
Thackeray Partners provides portfolio management services to the Funds and is paid an annual management fee, payable quarterly in advance. During the investment period of the Funds, management fees are charged based on capital commitments and thereafter based on aggregate capital commitments actually paid to the Funds in respect of investments (after a reduction of invested capital from fully realized or written off investments).