Oak Harbor Capital manages private investment funds that invest in distressed consumer debt, including bankruptcy receivables, deficiency receivables, and non-performing mortgage loans. Oak Harbor does not tailor its advice to individual investors in the funds, but does tailor its advisory services to the specific investment objectives and restrictions of each fund. Oak Harbor's activities include monitoring collections, responding to inquiries, investigating delinquencies, and pursuing recovery actions.
Fee Structure
Oak Harbor Capital manages private investment funds and charges an annual management fee. The fee is typically 1.75% of the unrecovered invested capital or assets under management. Oak Harbor may also receive a performance-based profit allocation of 20% of realized investments, generally after investors have achieved a preferred rate of return of 6-8% on their invested capital. Some older funds may pay a management fee based on net recoveries (4-5%) and a success fee (5-25%) based on the internal rate of return realized by investors.