Protea Asset Management advises private pooled investment vehicles, primarily investing in publicly traded and private securities, with a focus on South African listed securities. Protea employs a concentrated value investment approach, monitoring companies and their competitors over the long term. Investments are speculative and entail substantial risks, suitable only for investors with long-term horizons and the ability to sustain significant price fluctuations and illiquidity.
Fee Structure
Protea Asset Management is compensated through management fees and performance-based compensation from its clients (pooled investment vehicles). Investors generally pay quarterly management fees in advance, equal to approximately 1% of their net capital balance. The firm is also generally entitled to a performance allocation equal to 25% of the annual increase, if any, in the net asset value of each investor’s capital account in Clients typically in excess of an annualized 6% hurdle, subject to a high-water mark.