Rings Capital Management serves as the general partner and investment advisor to private investment limited partnerships. They manage these partnerships according to investment strategies outlined in the partnership agreements. Rings Capital Management has the authority to select securities and other instruments to buy or sell without consulting the limited partners. They may manage other investment funds and managed accounts in the future.
Assets Under Management$540M
Clients3
Advisors1
Avg. per Client$180M
Avg. per Advisor$540M
Fee Structure
Investment management only (planning not offered)
Rings Capital Management manages investments for private investment partnerships. Here's how the fees work for each:
- Framtiden LP (FLP): Rings Capital Management receives 25% of the net profits allocated to an investor that exceed the one-year U.S. Treasury rate. This is called an Incentive Allocation. A "high water mark" procedure is used, meaning investors' net losses must be recouped before Rings Capital Management can receive an Incentive Allocation.
- First Framtiden LP (FFLP): Rings Capital Management receives a management fee of 1% per year of the investor's capital account.
- Framtiden Holdings LP (FHLP): The Relying Adviser receives a management fee of 0.2% (1/5th of 1%) per year of the investor's capital account. The general partner receives an annual Incentive Allocation of 25% of the amount by which net profits allocated to an investor exceeds the S&P 500 total return, if certain criteria are met.
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