Engine Capital Management provides investment advisory services, acting as the investment manager for several Funds. These Funds invest in securities based on Engine's value-oriented special situations investment strategy. Engine is responsible for setting and implementing the Funds' investment strategy, evaluating investments, and making all investment decisions. Engine does not provide tailored investment advice to the individual investors in the Funds.
Engine Capital Management charges an investment management fee based on the value of the assets managed for each Fund. The fees range from 1.0% to 1.5% per year.