Advantage Capital Investment Adviser (ACIA) provides investment advice to private funds. ACIA and its affiliates use public-private partnerships with state and federal economic development organizations to invest in underserved communities. They utilize tax credits offered under the New Markets Tax Credit Programs and other state-sponsored investment programs. ACIA advises thirteen private funds, including funds focused on agribusiness, solar energy, and low-income housing.
Fee Structure
Advantage Capital Investment Adviser (ACIA) manages several private funds, each with its own fee structure. These fees are paid by the funds themselves, not directly by individual investors. The fees vary depending on the fund and can include origination fees, annual management fees, and expense reimbursements. Some funds also have carried interest allocations, which are performance-based fees.