Tiller Partners is a registered investment advisor that focuses on selecting and managing early-stage venture capital investments. These investments are privately held, and there is no trading market. Tiller's services are available to high-net-worth individuals, trusts, family offices, and other business entities. Clients can place guidelines and restrictions on their investments.
Tiller Partners charges a fixed management fee annually, paid quarterly. This fee does not change based on the value of the venture capital investments. The management fee may be negotiable or waived in some cases. Tiller also receives a performance-based fee of approximately 17.50% on profitable sales or exits of venture capital investments, subject to a hurdle rate.