Valley Investment Management, managed by Joseph C. To, primarily manages the S.T. Aggressive Growth Fund, a private investment limited partnership. Valley Investment Management can also manage separate investment accounts. The firm focuses on the global technology sector, particularly small and mid-cap companies. The firm aims to generate above-average returns while preserving capital.
Fee Structure
Valley Investment Management's compensation from the fund involves an asset-based management fee of 1.5% per year, charged quarterly. The firm also receives an incentive allocation of 15% or 20% of net realized and unrealized appreciation, depending on the fund's committed capital. For separate accounts, fees typically involve an asset-based fee and a performance-based fee. Fees are usually deducted directly from the client's account.